US ISM Manufacturing PMI is coming out on Thursday at 17:00 MT time! Be ready!
Tag - u.s.
The number of Americans applying for initial unemployment benefits came in at a larger-than-forecast 870,000 last week, signaling that the recovery in the labor market is losing momentum as the coronavirus pandemic lingers and layoffs continue apace.
The market sentiment remains risk-off amid rising virus cases around the world and fears over new restrictions and lockdowns.
All the issues point that today the risk-off sentiment will prevail on the market. However, it may change after Powell's speech. Jump in to get fresh trading ideas on gold, EUR/USD, S&P 500 and AUD/USD!
USD/CHF may plummet, if the Fed's statement is dovish. Jump in to know more!
Get ready with us for the most important event of this week! The FOMC’s statement will be out on Wednesday at 21:00 MT time.
The FOMC will make a statement on September 16 at 21:00 MT time!
Optimistic vaccine news improved market sentiment. Stocks and riskier assets are rising, while the US dollar is dipping down. Let’s have a closer look.
The US Dollar consolidated gains on Friday but was set for its biggest weekly rise in two and a half months.
Some analysts believe that there is more room for the US dollar to fall further. According to AG Bisset Associates, the USD will plummet by 36% against the euro. It’s hard to believe right now amid the stronger greenback, but let’s discuss why it’s possible.
The US Non-Farm Payrolls are announced on Friday at 15:30 MT time.
Watch the video to get the fresh trading tips for EUR/USD, USD/JPY, S&P 500 and gold!