The Fed is ready to start tapering in November. Since the markets were expecting this and it wasn’t a surprise, the USD slumped allowing risk-on currencies and gold to rally up.
Tag - usd
US Retail Sales will be out on October 15 at 15:30 MetaTrader time (GMT+3).
Ichimoku Kinko Hyo AUD/JPY: The AUD/JPY pair is now trading within the Kumo…
The crypto market keeps recovering. Bitcoin has broken above $57,000. The way up to $60,000 is open now!
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is now trading above the cloud…
The US Inflation Rate (CPI) will be announced on Wednesday, October 13, at 15:30 MT (GMT+3). Traders eagerly await this event as it will impact the USD and thus the vast majority of currency pairs in the Forex market.
USD/CAD is at its lowest level since July. What was the reason?
The US will reveal Non-farm payrolls today at 15:30 GMT+3. Here are the forecasts of 8 major banks regarding the upcoming NFP report. The common forecast (market consensus) is 500K. What’s yours?
Ichimoku Kinko Hyo NZD/JPY: The NZD/JPY pair is now trading above the cloud…
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is now testing the Kijun sen level…
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair collapsed in today’s session and is now testing the lower level of the Kumo…
The market sentiment is risk-off. Stocks are falling, while the safe-haven US dollar is edging higher. Meanwhile, oil advanced after the OPEC meeting.