August 5: Gold is above 2 000
Today we continue following the situation in the metals' market after the yellow metal broke 2 000…
Tag - eur
EUR/USD: bearish prospects
Some analysts believe the euro will lose its gains in the third quarter. What are the reasons?
August 3: USD fights back... a bit
The oversold dollar has gained versus the major currencies, but will it be able to keep on? Watch the video to find out!
Main market movements on July 31
The overall market sentiment is mixed as new virus cases continue rising throughout the world, but most economic indicators came out better than analysts expected. Let’s look at the main market movements.
July 31: S&P 500 surged after positive earnings reports
EUR/USD is surging despite the worse-than-expected German GDP, gold is approaching the all-time high and GBP/USD is edging up for the 11th day in a row.
US Economy crushed by COVID-19 lockdowns in Q2
In the United States, the economy was contracted by (worst-ever) 32.9% in the second quarter in 2020, crushed by COVID-19 lockdowns in 2nd quarter.
July 30: The USD resurrects from the dead
It seems like the Fed meeting yesterday marked a final drop in the USD for now.
Main market movements on July 30
The market sentiment switched to risk-off after the Fed’s Powell statement. The USD edged higher, while risker assets started falling after reaching quite high levels. Let’s have a closer look.
EUR/JPY: 123.70 awaits
EUR/JPY rebounded from the 123.00 level on the H4. The pair formed a “piercing line” pattern.
Main market movements on July 29
The overall market sentiment is mixed as investors await the Federal Reserve’s statement today at the evening.
July 29: USD's timeout
The USD has stopped its depreciation against riskier assets... for a while.
July 28: some joy for the USD
The USD has finally tried to strengthen versus other major currencies…
