Market Overview
The US Dollar Has Moved Away from Local Lows
2023.07.04
The dollar index recovered some of the losses. Investors continue to assess the prospects for lowering the interest rates by the Fed at upcoming meetings. The RBNZ has kept the key marks of monetary p...
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Financial Market Sentiment Has Been Improved
2023.07.04
The greenback has been declining against a basket of world currencies. The demand for risky assets has strengthened amid progress in the development of a COVID-19 vaccine.
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Investors Are Concerned About Rising Recession Risks
2023.07.04
The euro collapsed after the publication of weak economic releases. Financial market participants are increasingly concerned about the rising recession risks in the global economy. Investors are still...
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Trade Negotiations Between the US and China Are in the Spotlight
2023.07.04
Today, a new round of talks between Washington and Beijing will begin. Yesterday, Theresa May said that she intended to ask the EU to extend Article 50. Demand for the pound has increased significantl...
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Week's main events (July 4 – July 8)
2023.07.04
This week promises to be volatile due to a lot of significant events. The US Nonfarm Payrolls is the week’s main event, as it is one of the most important parameters for the Fed’s monetary policy deci...
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The US Dollar Is Declining
2023.07.04
On Friday, the US dollar continued to decline against a basket of major currencies despite optimistic economic data. The euro jumped to a high in three months amid a decline in the US currency.
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Investors Assess the Summit of EU Leaders. The Dollar Index Has Been Growing
2023.07.04
The US dollar is recovering losses against currency majors. The British pound weakened significantly against the US dollar due to the controversy concerning Brexit. The "black gold" prices have moved...
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The American Currency Declines after the News of Trump's Illness. The US Labor Market Report Is in the Spotlight
2023.07.04
The greenback is declining after Trump's illness news. Today, all attention will be focused on the US labor market report for September. Oil quotes fell sharply.
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The US Dollar Index Is Consolidating
2023.07.04
On Friday, there was high trading activity on the currency majors. This week, financial market participants will closely monitor political events. The "black gold" prices are stable.
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The US Dollar Slightly Strengthened Against the Majors
2023.07.04
The US dollar recovered some losses against a basket of major currencies. Today, the attention of financial market participants is focused on the Bank of Canada meeting and the FOMC minutes. The "blac...
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