by JustForex
The US dollar has strengthened against a basket of world currencies. The dollar index (#DX) has updated local highs. Demand for risky assets has weakened amid new outbreaks of coronavirus disease. Investors are concerned about the possible return of restrictive measures. Optimistic economic releases from the USA have supported the greenback. In June, the ISM U.S. Purchasing Managers Index accelerated from 45.4 to 57.1.
The Reserve Bank of Australia, as expected, kept the basic parameters of monetary policy at the same level. The regulator confirmed its readiness to soften monetary policy if necessary. We also recommend paying attention to the speeches of FOMC representatives.
The black gold prices are consolidating. WTI crude oil futures are currently testing the $40.40 per barrel mark. Today, we recommend paying attention to weekly crude oil inventories in the USA according to API data.
Market indicators
Bullish sentiment was observed yesterday in the US stock market: #SPY (+1.54%), #DIA (+1.77%), #QQQ (+2.46%).
The 10-year US government bonds yield is consolidating. At the moment, the indicator is at the level of 0.67-0.68%.
Free Reports:
Get Our Free Metatrader 4 Indicators - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter
Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.
- – The number of open jobs in the US labor market (JOLTS) at 17:00 (GMT+3:00).
by JustForex
