The risk sentiment in the market turns red after more European countries impose new measures to curb surging Covid cases
Forex TV
In this daily video, we check through the main headlines and see how they affect the market mood across the main currency pairs and assets.
The Turkish lira hugely dropped today, which pushed USD/TRY up to highs unseen since November 2020.
Ris sentiment turned red - check the charts!
FOMC's report provided positive feedback on the current domestic US economic dynamics. However, a rather dovish outlook made the US dollar weak, resulting in the USD's plunge in the currency pairs across the Forex market.
All eyes today are on the FOMC meeting: will the Federal Reserve ease traders' concerns about the increasing inflation or not? How can this influence EUR/USD, USD/JPY, gold, and S&P500? Watch the video to find out!
The Forex market is volatile and a bit indecisive this Tuesday but we have the S&P finally opening the way to 4000 as it managed to cross the resistance of 3960!
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.
What you need to know this Thursday
It's mostly corrections in the Forex market today - let's check it out together; we'll review gold, USD, EUR, GBP, oil, and Tesla!
The USD has recently strengthened versus the other major currencies…
Wow! There are so many events happening right now in the Forex market. Jump in to know!