Categories: 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

AddThis Website Tools
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.

Share
Published by
The FxPro Analyst Team

Recent Posts

Ethereum gives way

The crypto market remains in a downtrend, with Ethereum losing market share while Bitcoin's share…

4 hours ago

GBPUSD Wave Analysis – 18 March 2025

GBPUSD: ⬆️ Buy - GBPUSD reversed from support zone - Likely to rise to resistance…

17 hours ago

GBPAUD Wave Analysis – 18 March 2025

GBPAUD: ⬆️ Buy - GBPAUD reversed from the support zone - Likely to rise to…

17 hours ago

Solana Wave Analysis – 18 March 2025

Solana: ⬇️ Sell - Solana reversed from the resistance zone - Likely to fall to…

19 hours ago

CHFJPY Wave Analysis – 18 March 2025

CHFJPY: ⬆️ Buy - CHFJPY broke resistance zone - Likely to rise to resistance level…

19 hours ago

The crypto market is stuck in the mud

Market Picture The crypto market has been hovering in a narrow range for the past…

23 hours ago