Coronavirus is raging, gold is surging, USD is rising, other currencies falling. What's the outlook for the Forex market? FBS analyst Gaspar Markosyan will go through the main headlines and key levels with you - watch the video to get up to date!
Weekly Market Outlook: October 28 - November 1
Information is not investment advice
The week will bring many important market events, be cautious! The week will be highlighted by the NFP release and central banks' meetings. The Federal Reserve is anticipated to cut the interest rate. While the Bank of Canada and the Bank of Japan don't plan to change it. GDP growth, PMI figures, CPI and more. Watch the weekly market outlook by FBS to learn more.
The Japanese yen is back in the Forex market reconquest on investors' flight to safety. Observers are almost certain the US financial authorities will lower the main interest rate - hence, the USD is dragged down. What else does Friday bring?
Did the coronavirus hit the United States? What does it mean for the USD? Which other events will impact the American currency today?
Coronavirus continues threatening the markets…