Uncertainty about European politics has boosted gold in recent sessions as well as given GBP/JPY a good platform.
The Dollar creeps up with caution, as oil extend declines on US inventories report.
On Tuesday, we got an important update from the Reserve Bank of Australia, which made no changes in its easing programme.
The Dollar flatlines and there is no positive data in sight. Meanwhile, Carney pointed out a strong underlying momentum of the EU economy.
We have some in-depth analysis about the EUR/USD pair movements for all of our clients, while the USD is setting itself us as the enemy in the upcoming war.
Main trading events to keep an eye out in the upcoming week.
PBOC tightens access to liquidity and removes the excess after record cash injection on the eve of the Chinese New Year.
Dollar is muted ahead of the NFP and the bulls brace for their last chance to push higher.
The new era of the US has brought the country two oppositions the FED and the newly elect President Trump. Which of the major influencers will bring back the glory days of the Dollar?
Silver is in a quite interesting situation. Broken horizontal level of 18.378 has crossed the 3rd point of the descending channel. On top of that it is a great time to trade NZD and EUR.
Dollar tumbled before the FED on Trump rhetoric, Oil plunges on API report.
Bank of Japan leaves key rates unchanged, Trump fires acting AG on disobedience.
Dollar is in a selloff ahead the FED, Yen surges as BoJ announce its policy stance.
Today we have an overview of three major currencies USD/JPY, EUR/GBP and EUR/USD.
Important events that will change the market in the next week.