#USD develops growth against major currencies, adding 0.2%-0.4%. #DXY returned to 2-year highs. American #SPX, #DJI lose 0.4%-0.7%. Chinese #ChinaA50, #HengSeng – 1.2%-1.5%. #Brent played down a significant part of its decline the day before, returning to $68.

Demand for protective assets increased: #USD fell to #JPY and #CHF, but grew to #GBP, #AUD. Key stock indices (SPX, #Nikkei225) fell significantly, #Gold rose. #Brent decreased by 5.2% over past 24h. #Bitcoin slumped to $8000 after a failed attempt to grow above $9000.

#USD retreat to its main competitors, most notably to #EUR, #CHF. American #SPX, #DJI near Friday's closing levels. Chinese #ChinaA50, #HengSeng pulled lower. #Gold climbs to 4-month highs. #Bitcoin fell below $8000.

Speculation around the possible imminent rate cuts in the US causes the #USD to decline against major currencies, #SPX, #DJI, #Nikkei, #DAX add about 2% over the last 24h. #Gold stabilized around 1328. #Bitcoin developed a correction.

#USD sharply turned to growth after a touch of 1.1300 for the #EUR. Over the past 24h, stock indices showed mixed dynamics, fluctuating between a decline (#ChinaA50, #Euro50) due to fears of trade wars and growth (#SPX, #Nikkei) on the hopes of more dovishness of the major Central Banks. #Brent has updated January lows, failing to develop a rebound. #Gold rolled back after touching $1340. #Bitcoin has recovered close to $8000.

#USD rose against most competitors, except #EUR. U.S. stock indices (#SPX, #DJI) add 1% over the last 24h. #Nikkei225 develops a rebound, add 0.6%. #Gold rolls back down after the rally. #Brent bought out on a drop below $60.

The U.S. #NFP data show job growth by 75K in May. Much worse than expected 180K #USD fell under pressure in the first minutes after the publication. #EURUSD jumped from 1.1268 to 1.1316

#USD adds on Monday after a drop on the last week. The Mexican peso (#MXN) grew by more than 2% after the fast the U.S.-Mexico trade deal. Stock index futures (#SPX, #Nikkei225, #FTSE100) grew by more than 1% on speculation about the Fed's policy easing. #Gold is rolled back from this year peaks. #Brent develops recovery.

FX: #USD near 11-week lows to the basket of major currencies on expectations of Fed's easing.

Stocks: U.S. Indices (#SPX, #DJIA) lose 0.5% over 24h. #HengSeng drops by almost 2% due to protests in Hong Kong.

Commodities: #Brent fell 2.2% per day, losing more than $1 since the beginning of the day. #Gold turned to growth.

Crypto: #Bitcoin again tries to break above $8000, #Litecoin paused growth after 40% over the last week.

Important events and speeches (GMT)
(!!!) 08:15 ECB President Mario Draghi will deliver a speech titled “Resilience to global headwinds?”
(!!!) 12:30 U.S. Consumer Price Index: prev. 2.0% y/y, forecast of 1.9% y/y
(!!) 14:30, U.S. Crude Oil Inventories: prev. 6.8M, forecast 0.5M.

Detailed economic calendar

Fx: #USD grew from 11-week lows area against majors.

Stocks: U.S. stock indices (#SPX, #DJIA) close to the levels of 24 hours ago. China's #HengSeng continues its decline, losing another 0.7%.

Commodities: #Brent rebounds 0.7%, after a sharp decline the day before. #Gold once again is testing local maximums.

Crypto: #Bitcoin rose to $8250, but later rolled back to $8100, Ethereum overcame drop at the beginning of the month.

Important events and speeches (GMT):
(!!!) 🇨🇭 07:30 SNB interest rate Decision. No changes in the rate are expected, attention to the possible shift in the tone of the commentary.
(!!) 🇺🇸 12:30 U.S. Initial jobless claims: prev. 218K, forecast 215K.
(!) 🇺🇸 12:30 U.S. Import Prices: prev. -0.2% y/y, forecast -1.4% y/y.

Detailed economic calendar

#FxProInsight Markets cautiously silent before FOMC Decision on Wednesday. #USD adds to most currencies except #EUR, #JPY as a sign of risk aversion. #Gold returned to growth and traded just under $1350. #Brent at $60. Infographic description

#FxProInsight
FX: Major currencies mainly grew to #USD and even more to #EUR over the last 24h in anticipation of the Fed and ECB policy easing.

Stocks: #SPX adds more than 1% in the hope of the softness of the CBs and hopes on U.S.-China trade negotiations. #HengSeng jumped more than 2%.

Commodities: #WTI jumped by more than 4% over last 24h on the market’s optimism. #Gold once again failed to develop the growth of above $1350.

Crypto: Bitcoin’s purchases intensified after a decline to $9000 overnight.

Infographic description

Important events and speeches (GMT):
08:30 🇬🇧 [!!!] Consumer Price Index
12:30 🇨🇦 [!!!] Consumer Price Index
18:00 🇺🇸 [!!!] FOMC Rate Decision
18:30 🇺🇸 [!!!] FOMC Press Conference
Detailed economic calendar

#FxProInsight
FX: #USD noticeably weakened against all major currencies, got a blow from the Fed's willingness to lower the rate.

Stocks: the main indices grew supported by the soft position of the main Central Banks.

Commodities: #Brent crude oil jumped more than 1.5%. #Gold storms 6-years highs.

Crypto: #Bitcoin returned to $9300 area, overcame the drawdown in the first half of the week.

Infographic description

Important upcoming events and speeches
08:30 🇬🇧 [!!] Retail sales
11:00 🇬🇧 [!!!] BoE Interest Rate Decision
12:30 🇺🇸 [!!] Philly Fed Manufacturing Index
Detailed economic calendar

Dollar demand increases as Sino-US and UK-EU deal prospects fall

Safe-heavens demand gained #USD across the board below 1.0940 for EURUSD atone point, while #GBPUSD sank under 1.22. as hopes for the Sino-US trade deal and UK-EU Brexit deal are melting away once again.

Interestingly, USD grew despite weak PPI data and Fed's Powell hints to new assets buying on the balance sheet.

https://fxpro.news/daily-forex-outlook/dollar-demand-increases-as-sino-us-and-uk-eu-deal-prospects-fall-20191009/

Markets shrug off fears of the spread of coronavirus. Influence on markets is becoming more selective (at the level of companies and sectors, rather than the overall risk-off).

Now focus of market participants turns to monetary policy and possible changes in the tone of the Fed's comments later this evening. Against this background, the #USD is experiencing some traction to the detriment of so-called yielding currencies.

Yesterday after market close #Apple and several other companies issued robust earnings reports, which supported the demand for risks. Later Today, AT&T, #Boeing, #McDonalds, #MasterCard report before the US market open. After its close, #Microsoft, #Facebook, #Tesla and many more will present their quarterly results.

🔔Upcoming #FOMC at 18:00 GMT and press conference starting at 18:30

The Fed is expected 50point rate hike and announce the start of balance sheet reduction.

👉Be prepared for volatility with #USD pairs and across stock markets!

#MarketReview

▫️ The dollar has lost around 4% since the beginning of July and more than 2.3% since its peak in August;

▫️ Pressure comes from expectations of more aggressive Fed rate cuts;

▫️ #DXY has pulled back to key trading range support of the past 20 months;

▫️ Powell's speech has the potential to both turn #USD higher and confirm a path to the downside.

Read more

▶️ Pro News Flash: New Drivers Behind Gold’s Record Rally

Gold keeps breaking records! 🏆

Global instability, debt fears, and fiat distrust are pushing investors to safe havens 🪙 gold & 💎 crypto.

Goldman Sachs now targets $4,900/oz by 2026!

Catch all the latest market moves in this Pro News Flash.

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#FxPro #TradeLikeaPro #ProNewsFlash #Gold #GoldMarket #SafeHaven #PreciousMetals #Forex #USD #Economy #Investing #Bitcoin #DigitalGold #Markets

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▶️ EURUSD. Current situation #tradelikeapro #eurusd #currencytrading #tradingshorts #currency #usd #eur

Today is Monday, 1 December.

We will discuss the Euro dollar market, which may have begun a month-long upward trend.

#tradelikeapro #eurusd #currencytrading #tradingshorts #currency #usd #eur

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▶️ USDJPY. Current situation #tradelikeapro #tradingshorts #usd #usdjpy #tranding #currencytradingtips

Today is Monday, January 5th, and today we will talk about the market, the Japanese Yen

#tradelikeapro #tradingshorts #usd #usdjpy #tranding #currencytradingtips

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