Market overview
FX: USD gained more than 0.5% after a strong NFP. Purchases are supported by a decrease in the chances of an aggressive Fed rate cut. TRY loses 2.5% this morning after an unexpected change of Central Bank Governor.
Stocks: SPX rolling back from highs, following reassessments of expectations on monetary policy.
Commodities: Brent is back above $64, balancing the growth of the dollar and strong data on the labour market. Gold returned above $1400 after a 2% dip after NFP.
Crypto: BTC adds 2% over the last 24h, trading close to $11500.
Important upcoming events (GMT):
EU [!!] Eurogroup Meeting
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
