Market Overview
Oil-dollar pair crashed 3.4%, oversold. Aussie, euro, and dollar-yen pairs traded sideways with positive signals. Oil prices tumbled on weak US jobs data and China woes. Intel’s stock plunged 26%. Recession fears grip Wall Street, Fed rate cut expectations rise. Today’s economic highlights include Eurozone PPI, US ISM Services, UK retail sales, and Japan data.
Economic Calendar (GMT+1)
EURUSD Analysis
Chart Analysis
GBPUSD Analysis
Chart Analysis
GBPJPY Analysis
Chart Analysis
XAUUSD Analysis
Chart Analysis
WTI Analysis
Conclusion
Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly. Join us for more at: https://my.dbinvesting.com/links/go/955