
The US dollar plunged sharply yesterday after a set of weak economic data. GDP dropped to 2.0% while the forecast was 2.6%. The previous GDP growth was 6.7%.
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The US dollar plunged sharply yesterday after a set of weak economic data. GDP dropped to 2.0% while the forecast was 2.6%. The previous GDP growth was 6.7%.
The Bank of Canada ended its bond-buying stimulus program and accelerated the potential timing of future interest rate increases. Traders await the ECB meeting and the release of lower than expected US advance GDP growth.
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Rallies in China’s technology equities and property shares were among the more notable moves. Local media said Evergrande paid a dollar-bond coupon before a weekend deadline, easing concerns about possible contagion from any default by the firm. What else can we spot today?
The US dollar is heading to close the seventh day in the red as it remains under selling pressure. Will the US economic data today support the greenback?
Bitcoin futures first ETF brought lots of positive to the crypto market, Bitcoin tested its all-time high of $64…
S&P 500 made a strong close on Monday as traders await earnings reports of the largest US companies.
This week will bring us many interesting events for traders: inflation reports from the UK, Canada, and also PMI reports from the EU, UK, and the US. It will affect almost the entire Forex market. Watch the video to get fresh trade ideas for the week ahead!
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