Economic calendar for the week 01.06.2020 – 07.06.2020

Trading on key Forex news: we are expecting the publication of important macro statistics from China, the US, Australia, Germany, Canada, the Eurozone, as well as the results of the meetings of the central banks of Australia, Canada, and the Eurozone. Last Wednesday, the European Commission presented a draft fund in the amount of 750Continue reading “Economic calendar for the week 01.06.2020 – 07.06.2020”

Euro-to-Dollar next week

The Euro-to-Dollar rate entered the new month on its front foot last week even as the market mood soured again and some technical analysts say it could rise further in the days ahead, although others are wary of a rebound by the Dollar.  Europe’s single currency rose 1.39% last week with much of that gainContinue reading “Euro-to-Dollar next week”

Gold trading next week outlook

Gold futures jumped late in the session on Friday even after U.S. equity investors breathed a sigh of relief after President Donald Trump signaled no changes to the trade deal with China despite rising tensions. During a much-awaited news conference, Trump said he would take action to eliminate special treatment towards Hong Kong. However, heContinue reading “Gold trading next week outlook”

EUR/USD Euro gains on dollar

EUR/USD extends gains ahead of European trading Despite the softer undertone in the market, the dollar is struggling a little on the session – not as noticeable against risk currencies – as the breakout in EUR/USD extends further.The pair has now touched the 1.1100 level for the first time since 30 March, in a moveContinue reading “EUR/USD Euro gains on dollar”