The Federal Reserve speeds up its quantitative tightening, and this is certainly bullish news for the USD. At the same time, this is a negative factor for the American stocks, which have entered their seasonally worst month.
USD, GBP, gold, and 4 stocks: trade ideas for July 11-15
The latest US jobs report helped to ease fears of a recession. The US dollar fell after Friday's job reports, but only in short term. The USD is still the market’s #1 currency. This week, American inflation and retail sales will move the Forex market. In addition, there will be meetings of the Reserve Bank of New Zealand and the Bank of Canada. Watch the video to get trade ideas for EURUSD, USDCAD, XAUUSD, and XBRUSD. You will also discover which four stocks can make big moves.
Similar
The gold has made a perfect retest, but will it hold against the rising dollar? Also, the Jackson Hole Symposium and Jerome Powell's speech may become critical for most assets, and finally, more economic releases and earnings reports await you.
After last week's CPI turned the markets upside down, we are looking at the performance of the US dollar…
Latest news
Although the last week was intense, this one may be more dynamic and volatile. After the FOMC meeting and controversial decisions from the Bank of England, we saw a historical pound decrease, and the gold plunge. And there’s even more for you.
After the US CPI last week came out above the forecast, traders started expecting a 75-basis point rate hike…
In this video, we will talk about the potential change of a trend in the euro, another stock rally amid a global downtrend, gold prospects, and news that shakes the world right now. It’ll be a helpful video you don’t want to miss.