FxPro Daily Insight for July 26

Market overview

FX: The dollar Index adds 0.1% overnight on the revision of expectations of the Fed’s easing. Commodity currencies (TRY, ZAR, NOK, AUD) are leading the decline against USD.

Stocks: Key indices decrease by 0.5%, but the reporting companies remains the focus.

Commodities: Brent remains at 63.30, Gold returned to $1419, rebounding after a decline to $1411 on Thursday.

Crypto: Bitcoin continues to stomp around 10,000. Top 10 altcoins are losing up to 3% over the past 24h.

Important upcoming events (GMT): 12:30 US [!!!] GDP first estimate

Detailed economic calendar