The overall sentiment remains upbeat amid vaccine hopes and improved US-China relationships. Follow the report of US consumer confidence at 17:00 MT time!
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The market sentiment has switched to risk-on today as US-China relationships are getting better. The US dollar is dipping down, while riskier assets are rising.
The consolidation that started on Wednesday is continuing so most currency pairs with the USD are going flat.
Most currency pairs with the USD are in consolidation currently as the USD has stalled its depreciation spree.
The USD is weak against most riskier assets today; gold is at $2,000, WTI oil at $42.5. Watch the video for more levels.
In this video we will discuss what will drive the market this week. We will discuss main economic releases and analyze USD/JPY, AUD/USD, EUR/USD and oil. Jump in!
The week has started with a mixed sentiment on the market. Let’s discuss main market movements and latest news.
What does determine Friday's moves?