Economic Events

FxPro Daily Insight for November 20

Market overview

FX: The dollar index on Wednesday morning adds 0.1% to 97.8 on new escalation of trade conflicts. The demand for the yen is also growing. EURUSD lost ten pips in the morning to 1.1070. GBPUSD fell to 1.2910 after unsuccessful attempts to climb above 1.30 at the beginning of the week.

Stocks: Futures for S&P500 reversed down on Tuesday and continue decline on Wednesday. US indices plunged from overbought RSI. MSCI World loses 0.1% The VIX volatility index rose from 12.3 to 12.9.

Commodities: Brent failed at $ 60.0, losing $ 1.1 on Tuesday morning. Send it for $ 1,477.

Crypto: Bitcoin’s downward trend is developing. The course fell to $8060, declining 11 of the last 12 sessions. Top 10 altcoins in the red zone, varying from -3.0% (BSV) to + 0.2% (XRP).

Important upcoming events (GMT):

13:30 CAD [***] Ca Consumer Price Index
15:30 WTI [**] US Crude Oil Inventories
19:00 USD [***] FOMC Meeting Minutes

Detailed economic calendar

Article Rating