The US is set to deliver $1.9 trillion stimulus. Nasdaq retreated after Monday’s deep slump. Oil dropped because of an attack on the crude terminal in Saudi Arabia.
Tag - jpy - japanese yen
Yesterday, S&P surged to the all-time high of 3960, driven by Biden’s $1.9 trillion relief bill. Today the stock index has taken a break. Meanwhile, the US dollar is edging higher today, pressing down its peers.
Ichimoku Kinko Hyo USD/JPY: The pair is trading below the cloud…
The Turkish lira hugely dropped today, which pushed USD/TRY up to highs unseen since November 2020.
Europe’s poor vaccination rollout keeps pressing down the euro. Unlike Europe, the USA is in a much better position now. Thus, EUR/USD is likely to dip further this week. Gold is likely to fall as well amid the strong USD. Watch the video to get more trade ideas for this week!
Gold surged as US real yields dropped for the third time in four sessions. However, XAU/USD has lost its steam and slightly dropped. So, how to trade it now? Watch the video!
Ichimoku Kinko Hyo EUR/JPY: The pair is trading below the cloud…
Microsoft and Google have published strong earnings data. The main focus of traders is on the Fed meeting today.
XAU/USD: Gold facing a further consolidation on 23.6% retracement area
Fibonacci Levels XAU/USD: Gold facing a further consolidation above 23…
EUR/USD is recovering after the enormous slump on Monday. Follow US Retail Sales at 15:30 MT time!
Risk-on is back on the market. The US dollar is dipping down, while riskier currencies and stocks are rising.