OPEC+ will have a meeting this week. What are we to expect?
Tag - wti - west texas intermediate
The USD loses its grip over currencies as lighter moods enter the market.
Let's consider the key levels for today!
Coronavirus and massive oil oversupply was a once-in-a-generation coincidence. Is the worst over?
The market sentiment improved after the positive vaccine experiment. Stocks gained and EUR/USD surged, as well. Traders await the NFP report.
Oil wend down after peaking above $40. What are we going to see next?
WTI is at $40. What are we to expect?
The USD lost it's value across the board as the market got risk-on mood back; at the same time, gold climbed to $1,770 paving the way to $1,800.
While economies restore capacities, the market is now a hostage of second-wave virus fears. How to use such an environment to make profits?
$40 is being tested by bulls of the oil market - once again after June 8. Which way it will go further?
The market's sentiment is generally neutral and indecisive, although still positive and inclined to risk.
The risky mood is getting back in the Forex market pushing the risky currencies in line with the USD/JPY upwards.