We discuss what EUR/USD is up to, as well as ponder current state of the index S&P 500 and Russian Ruble.
The U.S. main stock index seems to be slightly unstable, as it is struggling to make a determined move. The economic data today is causing some investor nervousness ahead of the jobs report this Friday.
EUR/USD rally is expected in the next few days. The Dollar seems to be heading down.
Oil fuels gains as OPEC is close to success. US equities are breaking record peaks as the weaker Dollar helps to improve the economic situation.
We are positive that the macroeconomics is going to pull back in the financial markets before the new President is chosen. During this time politics is going to take all the attention.
EUR/USD pair is in the best time for a sell, as with the S&P500 we have caught up with the 3rd point of the ascending channel.
The head of FED noted that the US growth remains manageable with low-interest rates.