Categories: Market Overview

FxPro Daily Insight for November 18

Market overview

Forex: The dollar index maintain its decline, fell by another at 0.3% to 97.7. USDCNH continues to trade just above 7.0. EURUSD climbed above 1.10600 on the weakening dollar. GBPUSD overcame 1.2960, approaching the highs of last month at 1.30.

Stocks: Futures for S&P500 rose to 3125; Dow Jones exceeded 28,000. MSCI World adds 0.6% to Friday levels, Chinese indices turned to growth after drop on the last week. The VIX volatility index fell 13.04 to 12.42.

Commodities: Brent is trading at $ 62.7, added $0.9 since Friday morning. Gold pressure rose 0.8% to $1,458.

Crypto: The price of bitcoin fell to $8,400, decreasing 9 out of the last ten trading sessions. The top-10 altcoins are in the green zone, varying from -1.3% (XLM) to + 1.4% (ETH).

Detailed economic calendar

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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