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Risk-on is back on the market. EUR, GBP and stocks are in favor. Gold is rising too as investors try to hedge their risk investments.
Risk-on is back on the market. EUR, GBP and stocks are in favor. Gold is rising too as investors try to hedge their risk investments.
Risk sentiment became off by the end of the week. Watch the video to explore the interesting patterns which present themselves on the charts!
The USD loses its grip over currencies as lighter moods enter the market.
EUR/JPY is likely to move further within an uptrend. Look for the break out above 121.55!
The market sentiment deteriorated amid increasing virus cases in the USA and Australia. Gold, USD and JPY are gaining, while stocks and riskier assets are loosening.
Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
Despite the rising number of the coronavirus cases in the United States, traders await an increase in ISM Services PMI and are quite optimistic.
The NFP brought good figures last Thursday, but the spike of infections in the US keeps suppressing the risky momentum.
The market sentiment improved after the positive vaccine experiment. Stocks gained and EUR/USD surged, as well. Traders await the NFP report.
Concerns about the coronavirus clash with hopes of recovery. Traders await the US jobs data. Watch the video to find out what this means for the major pairs!
The day has started with a stronger dollar, as bulls pushed USD/JPY higher.
Does the pair still have the potential to the upside?
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!