Ichimoku Kinko Hyo NZD/JPY: The NZD/JPY pair is trading below the Kumo…
Tag - eur
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is trading within the Kumo…
EUR/USD managed to rise for a very short period of time right after the ECB decision to as high as 1.1798 before declining and giving away its entire gains.
The overall market sentiment is risk-on. The S&P 500 index (US 500) is getting close to the all-time high. Oil is recovering quickly from its recent losses.
PMI reports from the EU, the UK, and the USA will be released during the day!
Today traders await the European Central Bank to make a policy statement at 14:45 MT (GMT+3).
The European Central Bank will make its policy statement on July 22 at 14:45 MT (GMT+3).
Oil has dropped to the lows unseen since late May, while gold has reversed up from a dip under $1,800.
We will remember the past week for the surge in the US inflation and the soothing comments of the Federal Reserve’s Chair Jerome Powell…
Moderna rocketed after an announcement that it is going to join the S&P 500 index. The New Zealand dollar surged after the nation’s inflation surpassed the central bank’s target level.
Risk aversion dominates in the financial markets as the resurgent of coronavirus cases may slow global growth. Thus, safe-haven currencies are rising such as the CHF, the JPY, the USD, and riskier assets and commodity-linked currencies (the CAD and the AUD) are weakening.
EUR/USD declined for the third session in a row, reaching as low as 1.1780 but managed to close yesterday’s trading above 1.18 support area.