FxPro Daily Insight for July 25
July 25, 2019 @ 10:57 +03:00
Market overview FX: USD rose to most currencies except CAD, JPY. EUR fluctuates around 2 months lows before the ECB decision
Stocks: the U.S. and Asian indices are adding in anticipation of the policy easing from the largest Central Banks
Commodities: Crude Oil lost 3% during Wednesday, despite the drop in U.S. inventories and geopolitical tensions. Gold is treading water around $1425 level, barely moved week to date.
Crypto: Bitcoin adds 4% over last 24h and trading just above 10000. Top 10 altcoins add 2.5-12%.
Important upcoming events (GMT): 08:00 Ge [!!] Ifo Business Climate 11:45 EU [!!!] ECB Rate Decision 12:30 EU [!!!] ECB Press conference 12:30 US [!!] Durable goods orders