The positive sentiment in the US equity market continues
The risk-on mood in the US equity market continues, however there was a mixed picture in Asian equity markets this morning. All eyes on Powell's speech.
Tag - usd
USD/CAD dropped to January’s levels
USD/CAD reached levels unseen since the beginning of the year. ING considers the pair may fall further, but Bank of America warned that it may hit its bottom and reverse in the long run.
The S&P500 ended the previous session with another record close
NZD/JPY pair is trading Tenkan Sen and Kijun Sen level. An upward wave would lead the pair into higher ground, confirming the bullish scenario.
August 26: USD steady
The session goes relatively quiet, with the USD going mostly steady - time to re-group. The oil price crossed $43, gold is approaching tactical support levels.
European stocks moved higher in the beginning of the session on Tuesday
EUR/USD has tested the hurdle at 1.18431 in today's session
August 25: S&P set record high
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!
German IFO expectations for August
EUR/USD is gyrating the pivot point at 1.18078
Travel and airline sectors are expected to rise in today’s session
Stock futures rose in the beginning of the week, setting stocks up to add to last week’s record levels as markets reacted to positive developments over the COVID19 treatment.
EUR/USD is heading to upside
The most traded pair has started the week on the positive footing. What are the forecasts?
August 24: Tight ranges
Monday's session started with pairs trading in ranges…
Potential new fiscal policy package in the US
The market focus today will be on politics, with the attempt in the United States to get a new fiscal policy package and the relations with China.
Weekly Market Outlook: August 24-28
The last summer days... Let's draw some conclusions from what we have seen since June so far and check our tactical market lense.
