The number of Americans applying for initial unemployment benefits came in at a larger-than-forecast 870,000 last week, signaling that the recovery in the labor market is losing momentum as the coronavirus pandemic lingers and layoffs continue apace.
Tag - u.s.
All the issues point that today the risk-off sentiment will prevail on the market. However, it may change after Powell's speech. Jump in to get fresh trading ideas on gold, EUR/USD, S&P 500 and AUD/USD!
Asian equity markets were somewhat mixed as the region only partially sustained the momentum from the firm US handover.
In this video we will go through the main events of the week and analyze EUR/USD, GBP/USD, GBP/JPY and gold!
The US Dollar consolidated gains on Friday but was set for its biggest weekly rise in two and a half months.
Some analysts believe that there is more room for the US dollar to fall further. According to AG Bisset Associates, the USD will plummet by 36% against the euro. It’s hard to believe right now amid the stronger greenback, but let’s discuss why it’s possible.
Watch the video to get the fresh trading tips for EUR/USD, USD/JPY, S&P 500 and gold!
GBP/USD is climbing upward. The break out above 1.3500 will drive the pair to multi-year highs.
Yesterday, there was a huge announcement on that matter from one of the US largest retailers - Walmart.
NZD/USD has broken the marked downtrend that has been lasting for a month. Recently, it reached levels unseen since December 2019. What are the reasons?
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!
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!