The USD has a good chance to strengthen versus other currencies after the NFP release. Watch the video to learn more!
Information is not investment advice
It's a Super Thursday for the Bank of England: the BoE will release statements and meeting minutes, so the GBP will move versus the major currencies. Watch the video to get the most important technical levels for currency pairs, S&P 500 & silver.
There are big moves in silver and S&P 500. In addition, it's the NFP week, so everyone will trade the USD. Watch the video to learn more about the upcoming trade opportunities!
What is moving the markets today?
The indices continue going down after yesterday's plunge...
The Federal Reserve will release its statement at 21:00 MT time (GMT+2). Jerome Powell's press conference will follow at 21:30 MT time. How will this event influence the USD, Forex majors, and gold?
The USD is strengthening, while S&P 500 and NASDAQ paused their advance. Traders and investors worry that the US fiscal stimulus won't arrive soon. The video contains our trade ideas, what are yours?
The drivers, the assets, and the releases you need to focus on this week
EUR/USD has been rising since morning, but the further rally is limited by the 200-peiod moving average at 1.2190. Gold is flirting with the $1 850 level.
A new threat of a full lockdown in the UK pulled the GBP down, while the euro has been boosted by optimistic PMIs…
Most currencies continued Wednesday's trends after Joe Biden inauguration. Gold went upwards, oil ceded some gains. In this video, we make short-term forecasts and review how accurate our predictions were.
Joe Biden takes the presidency in the US, the Forex market is mostly bullish. We were correct with many of our short-term projections yesterday. Let's see what happens today and what the week brings.