TODAY'S TOP MARKET NEWS
Enjoy our daily selection of major news and articles that will help you understand the market sentiment.
We curate our articles section to provide you the most relevant and independent information on the markets.
EUR/USD sub-1.18 after US CPI
The EUR/USD has fallen below the 1.18 level after stronger than expected US CPI inflation data but gold was flat as analysts doubted the data would affect near-term Fed policy.
14 July 2021
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Virgin Galactic stock dives after Branson’s space flight
Shares of Virgin Galactic dived after Sir Richard Branson’s first commercial space flight, while the S&P 500 hit another record high. Forex markets were mixed ahead of today’s US CPI data.
13 July 2021
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GBP rallies before England football final
The GBP/USD forex pair saw a big rally on Friday despite disappointing UK economic data, suggesting the gains might even be football related. The Dow Jones struck a fresh record high for the first time in 2-months.
12 July 2021
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Yen & Swissie spike on risk aversion
Haven currencies like the yen and Swiss franc jumped on Thursday, while Asian stocks dropped to a 2-month low in a risk-off mood that has overtaken markets, attributed to fears over the Delta variant.
09 July 2021
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USD gains after Fed minutes
The dollar gained further ground on Wednesday after Fed minutes confirmed the Fed’s thinking towards tapering, though the timing of any rate hike is still uncertain. The S&P 500 hit a new record but oil prices slipped amid OPEC+ policy disagreement.
08 July 2021
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US Services PMI Stokes Sell-Off
The dollar rallied as a haven, almost entirely reversing the weakness from Friday after US service sector data came in weaker than expected. Gold also tanked alongside stocks, though Wall Street ended off its lows.
07 July 2021
Read MoreLATEST WEEK AHEAD VIDEOS
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WEEKLY WEBINAR: JULY 27
Get your forex trading strategy right this week with our weekly webinar. Get expert technical analysis of the major #forex #cryptocurrencies #indices #commodities #stocks & #shares markets.
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WEEK AHEAD: JULY 26
The last meeting of the US Federal Reserve until after the summer should be a big driving force for forex markets. Also, the big tech companies report second-quarter earnings, which has implications for tech stocks as well as the Nasdaq index. Lots to discuss. Thanks! Rich
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WEEK AHEAD: JULY 19
The European Central Bank and People’s Bank of China both set monetary policy while US earnings season has started. I will take a look at the Euro-dollar and dollar-Chinese yuan currency pairs for how they setup before the action this week. Thanks! Rich