The Forex market is more risk-on compared to the previous days, hence the US dollar has given up some of its positions.
Forex TV
Despite the escalation of the US-China conflicts, the risk sentiment across the markets remains positive…
The market sentiment is risk on today. It’s based on recovery dynamics and potential drug developments. Nevertheless, tensions between the USA and China remain in focus.
The US-China relations become more tensed pushing the USD gain value against the rest of the currencies; JPY loses, gold and oil indecisive.
Worries about tensions between the United States and China have pushed the USD up versus the EUR, the GBP, and the AUD…
Why did S&P 500 fall down? Should you buy oil and gold now? And what is the market sentiment today? All answers you’ll get in this video.
The market is mixed this Wednesday, with the AUD and the NZD tipping out on their recent bullish advances, oil consolidating at the local resistance level, and gold getting back to an upward trajectory.
The British pound is going up, while gold is correcting
The week started with a poor data from Japan. Stocks rally, WTI oil price is above $30, gold is headed to 1800.
The week is ending quiet, but pretty heavy. The gold price stabilizes at a higher plateau.
What is moving the session
Traders await the speech of the Fed's Chair Jerome Powell. The USD is under pressure. Watch the video to get the outlook for the major currencies today!