Tag - usd

Trade Balance data will affect the USD and the CAD. Check levels for USD/CAD, USD/JPY, EUR/USD, and XAU/USD.

OPEC is thinking of an emergency meeting. Why is that?

Coronavirus is the theme of the day. How does it affect the gold price? What are the long-term consequences and how to trade it?

Check the levels for AUD/USD, NZD/USD, EUR/USD, and GBP/USD.

Last month was mostly driven by market sentiment. The beginning of January was highlighted by the geopolitical crisis between the US and Iran. After the markets calmed down, the coronavirus that appeared at the end of 2019 spread causing depreciation of the risky assets and appreciation of the refuge assets.

US ISM Manufacturing PMI release will have an impact on the USD. Comments on the FTA between the UK and the EU are anticipated during the day.

BOE Meeting is the headliner of the day. American GDP Growth Rate may affect the direction of EUR/USD.

The Federal Open Market Committee is meeting today at 21:00 MT time.

The meeting of the Federal Reserve at 21:00 Mt time will be the highlight of the day. There is a very high possibility that the event will make an impact on USD/JPY.

The Fed Meeting will determine the strength of the USD today.

American Durable Goods Orders level is the most important event of the day, Check levels for USD/JPY, USD/CAD, GBP/USD, and NZD/USD…

AUD/USD broke through the most important daily moving averages, slipped below the support at 0.6830.