Market overview
FX: USD develops a retreat to 3-month lows, losing 1.6% since Wednesday. NZD and AUD grew following the demand for risky assets. Stocks: On Friday morning, Asian markets returned to 8-week highs; futures for U.S. indices close to its global highs. Commodities: Brent climbed to $65 on geopolitical tensions and the dollar’s retreat. Gold is trading above $1400 for the first time since 2013. Crypto: Bitcoin made another breakthrough over the weekend, at some point rising to $11200.
Important events and speeches (GMT): 11:00 De [!!] Ifo Business Climate
The dollar experienced a sell-off but rallied back up by the end of the week.…
The new week will be packed with economic data and decisions from key central banks.…
Despite economic factors working against the dollar, its oversold condition helped it this week or…
USDCAD: ⬇️ Sell - USDCAD reversed from key resistance level 1.4500 - Likely to fall…
Solana: ⬆️ Buy - Solana reversed from the long-term support level 113.75 - Likely to…
Adobe: ⬇️ Sell - Adobe broke round support level 400.00 - Likely to fall to…
This website uses cookies