The coronavirus, the shocking levels of the key economic indicators and the OPEC+ meeting are at the center of this report.
Tag - usd
The week starts with weaker JPY and GBP, USD stays strong, gold rises to $1,620, and oil hopes for OPEC+ supply cut resolution.
Global coronavirus cases have surpassed 1 million, US unemployment claims have doubled, oil has soared, and NFP will come out in a few hours. Watch the video and learn more about the market!
How does the GBP/USD look like?
USD is almost the only currency showing confidence in Forex on April 2, currencies of developing economies losing ground, WTI oil slightly up from $20
USD/JPY has declined from 111.70 and went into consolidation around 107.50.
The US and Canada are awaiting the figures for manufacturing PMI for the short-term moves of the USD and the CAD.
As today is the last day of the first quarter, let’s look at the performance of the major currency pairs and analyze what may come next for them.
Forex is cautiously optimistic this Tuesday on limited hopes on general economic improvement.
The United States is seized by the coronavirus. What does it mean for the USD? What to expect from the upcoming NFP release? Watch the weekly video to find out!
Friday has some pairs to look at...
Is gold predictable now, at all? Let's consider some facts and observations.