An attempt to gain a foothold behind the psychological level 110.00

31.05.2021
Consolidation should be expected near the psychological level of 110.00 during the day. Japanese investors will try to accelerate quotes to the top in anticipation of renewing the maximum of last week against the background...
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Consolidation continues

31.05.2021
The British currency will continue to consolidate in the area of 1.4100 - 1.4200 today, inasmuch as British banks are not working today. The main trend in this currency pair is upward, insofar as the...
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Demand for risky assets

28.05.2021
The demand for risky assets pushes up the quotes of this currency pair, inasmuch as it is historically correlated with high-yielding assets. Insofar as the Federal Reserve in every possible way denies any hints of...
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Inflation growth in the US is negative for the dollar

28.05.2021
In the afternoon, the United States will publish its April personal consumption spending release, which will have a strong influence on trading. This indicator is used by the Federal Reserve as an indicator of inflation....
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VIX fear index is near yearly minimum

27.05.2021
The VIX fear index is near the annual minimum, which is positive for the US stock market and this currency pair, inasmuch as assets are historically correlated with each other. The S&P500 is one step...
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