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

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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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