While the US Dollar has been weakening, other assets are taking full advantage out of it
Forex TV
The USD has a good chance to strengthen versus other currencies after the NFP release. Watch the video to learn more!
It's a Super Thursday for the Bank of England: the BoE will release statements and meeting minutes, so the GBP will move versus the major currencies. Watch the video to get the most important technical levels for currency pairs, S&P 500 & silver.
New Zealand published encouraging labor data. Stock indices surged on better-than-expected earnings of Google and Amazon.
WTI oil is spearheading the camp of bulls today as it crosses $54; other assets are mostly volatile while the US dollar is pretty strong.
Silver is rarely mentioned in the Forex reviews - but now comes its time as it skyrockets in line with a few other trading instruments.
What is moving the markets today?
The indices continue going down after yesterday's plunge...
The Federal Reserve will release its statement at 21:00 MT time (GMT+2). Jerome Powell's press conference will follow at 21:30 MT time. How will this event influence the USD, Forex majors, and gold?
The USD is strengthening, while S&P 500 and NASDAQ paused their advance. Traders and investors worry that the US fiscal stimulus won't arrive soon. The video contains our trade ideas, what are yours?
EUR/USD has been rising since morning, but the further rally is limited by the 200-peiod moving average at 1.2190. Gold is flirting with the $1 850 level.
A new threat of a full lockdown in the UK pulled the GBP down, while the euro has been boosted by optimistic PMIs…