Categories: Market Overview

FxPro Daily Insight for August 13

Market overview FX: The volatility of major currencies decreased, leaving EURUSD at 1.12 and GBPUSD at 1.2050, with peripheral currencies experiencing increased volatility: the Argentine peso fell 30% intraday, the Turkish lira and Chinese yuan are developing their decline.

Stocks: Key indices are stable after the failure the day before while maintaining a slight downward slope.

Commodities: Gold at the time of writing jumped to 1523 (+ 1.7% since the beginning of the week). Brent treads at $ 58.

Crypto: Bitcoin is at 11300 for the second day. Top-10 altcoins lose 0.5-2.5%.

Important upcoming events (GMT):

08:30 GBP [!!!] UK Claimant Count Change 09:00 EUR [!!] German ZEW Economic Sentiment 12:30 USD [!!!] US Consumer Price Index

Detailed economic calendar

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The FxPro Analyst Team

Our team consists of financial market experts. Our dedicated professionals prepare reviews on the foreign exchange market situation, Crude Oil, Gold and Stock Indices. All the analysts are regularly published in the world leading economic media.

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