Rally in the oil market is positive for the euro

15.02.2021
A mildly positive background for the euro is forming today. Firstly, assets on the US Federal Reserve's balance sheet increased by $31.6 billion over the past week, while the ECB's balance sheet increased by €21.21...
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Baden’s program can be approved at the end of the month

13.02.2021
US House of Representatives Democratic Speaker Nancy Pelosi expects lawmakers to complete President Joe Biden's proposed stimulus package of $1.9 trillion to tackle the spread of the coronavirus by the end of February. Biden's program...
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The market is waiting for weak data on UK GDP

13.02.2021
Today, UK National Statistics Office will publish GDP release for the 4th quarter. The market does not expect positive data, insofar as the coronavirus pandemic forced the authorities to impose strict lockdowns, which caused a...
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Correlation between USDJPY and S&P500

11.02.2021
On the interbank lending markets in New York and London, the downward trend in dollar rates has stopped, which will support this currency pair. The continuation of the uptrend in the US stock market will...
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Rally in the commodity market is negative for the dollar

11.02.2021
A bullish rally in the commodity market will have a negative influence on the value of the US currency, insofar as the raw material is quoted in dollars. Investors are actively buying up energy and...
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