Trader confidence remains high in the stock markets while sentiment in crude oil is recovering and confidence in gold is improving.
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Trader confidence remains high in the stock markets while sentiment in crude oil is recovering and confidence in gold is improving.
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Any short-term uptick in EUR/USD continues to be met by sellers with the pair looking set to re-test the late March low.
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The DAX 30 reaches a new all-time high overnight but is struggling to keep bullish momentum going
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GBP has failed to benefit from confirmation that coronavirus restrictions in England will mostly end on July 19, suggesting some modest underlying weakness in the currency.
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The US Dollar may rise if June’s CPI inflation data tops forecasts, stoking speculation about an accelerated Fed timeline for stimulus withdrawal.
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