Market Overview

FxPro Daily Insight for July 23

Market overview

FX: USD strengthened against most major currencies: USDX near 2-month highs, EUR fell below 1.1200. Commodity currencies are retreating.

Stocks: Indexes add 0.2%-0.5% on the speculations around global monetary easing.

Commodities: Brent is growing in the wake of geopolitical tensions. Gold lost another 0.7% per day, developing a rollback from the highs.

Crypto: Bitcoin fell back to 10K, the Top 10 altcoins lose 5% -15% over the past 24 hours.

Important upcoming events (GMT): UK [!!!] Announcement of the internal voting for the Conservative Party leader UK [!!] 12:20 BoE’s Andy Haldane Speaks US [!] 14:00 Existing Home Sales EU [!] 14:00 Consumer Confidence Index

Detailed economic calendar

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