EUR/USD and GBP/USD met resistance. Gold is consolidating after rising to 4-month highs. A sell idea for Brent oil. Technical levels for S&P 500. Watch the video to learn about these and other topics important for traders!
Information is not investment advice
Daily market update for this Thursday
The US dollar is seeing a local plunge as the inflation concerns are infusing pessimistic vibes in the Forex market.
How to trade on May 18? Watch the video to know!
Last week the markets were shaken by the US inflation figures…
While most of the Forex market is relatively quiet, gold has finally made a breakthrough that may result to be an epic change of a long-term trend: we're discussing the technical view on that in detail.
Gold is moving up to $1840. EUR/USD is attacking local highs. • Disney has published mixed financial results: earnings were well above the forecasts, but revenue was slightly worse. Besides, growth in streaming subscribers was poor.
US inflation rose to a 13-year high making the USD rise…
The global economic recovery led to higher inflation which in turn is believed to cause the recent plunge in the US and Asian stock markets.
Stocks especially tech ones dropped on Tuesday as increasing commodity prices raised concerns over inflation. Gold is often viewed as a hedge against inflation, that’s why it’s trading now near the three-month high.
Find out the key market movers for the upcoming week
NFP release is coming and we are pretty excited about it! Watch the video and find out what to trade today