FxPro Daily Insight for July 22
July 22, 2019 @ 10:15 UTC
FX: the USD gained on expectations that the Fed will refrain from 50 b. p. a rate cut in July.
Stocks: Major indices got hit on Friday but somewhat stabilized at the start of trading on Monday.
Commodities: Brent adds to the rising tensions in the Persian Gulf. Gold rolled back from 6-year highs, stabilizing at $1425.
Crypto: Bitcoin has steadied around $10500. The top 10 altcoins have been trading virtually unchanged over the last 24h.
Important upcoming events (GMT):
15:00 JP [!!!] BOJ Governor Haruhiko Kuroda Speaks
22:30 AU [!!] RBA’s Christopher Kent Speaks