Read the report to get the analysis of EUR/USD, EUR/JPY, CAD/JPY, and gold!
Tag - gold
The USD has a good chance to strengthen versus other currencies after the NFP release. Watch the video to learn more!
World stock markets were fighting for a fourth day of gains on Thursday as a near one-year high in oil prices, a revitalized dollar and rising bond yields refocused attention on inflation and normalizing economies.
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.
Asian equity markets were mostly lower following a flat lead from the US where focus centered on earnings and stimulus plans.
Asian equity markets advanced after the firm handover from Wall St with the resurgence led by the tech sector.
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.
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?
Getting down to 1 845, gold seems to be in no hurry to reach the peaks it left recently. No problem, we can wait...
President Joe Biden is expected to sign a new “Buy American” order, underlining the essential continuity of US trade policy despite the radical change of tone expected from Donald Trump’s administration.
The drivers, the assets, and the releases you need to focus on this week