Investment Portfolio

Gain: 

Pulse Wallet

Gain: 

REA Learn Copy

Gain: 

Quick Tools:

Forex Today: Weak risk appetite continues

Forex Today: Weak risk appetite continues

Analysts continue to believe that the Israel/Gaza war will remain subdued as President Biden arrives in Israel tomorrow, giving risk assets a weak recovery.

➡️ As the war in the Middle East remains contained and President Biden decides to visit Israel on Wednesday, we continue to see small declines in safe-haven assets such as the US dollar, crude oil and gold . US stock market futures were also slightly higher. Even Asian indices such as the Nikkei 225 And the HSI I'm on the rise.

➡️ Minutes from the latest RBA meeting were released showing an hawkish tone, with the emphasis remaining on upside inflation risks. This has seen the AUD gain in recent hours.

➡️ The Israeli Shekel continued to weaken, hitting a new 8-year low against the dollar yesterday, with the USD/ILS currency pair trading above 4 shekels to the dollar.

➡️ Trend traders in the Forex market will be more interested in having a long position on USD/JPY , which continued to strengthen. In the short term, the Australian dollar is the strongest major currency, while the New Zealand dollar is the weakest.

➡️ Yesterday the price of Bitcoin saw a sudden surge to nearly $30,000 due to a false report that the SEC had approved a proposed Blackrock Bitcoin ETF. The SEC could approve the first Bitcoin ETF within the next few weeks.

➡️ New Zealand's CPI (inflation) data was slightly lower than expected, coming in at 1.8% on a quarterly basis, compared to the rate of 1.9% expected. This had the effect of weakening the Kiwi slightly.

➡️ Canadian Retail Price Index (inflation) and US Retail Sales data will be released today.

 

Credit by DailyForex.com

en_USEN

Investment Portfolio

Copy strategies

Find out how our strategies copy works. You can copy our strategies without costs and without risk with a demo account, and with a real account in exchange for a profit-share.

REA TradeKit

Access Advanced Tools and Strategies.

14 day money back guarantee.

Free Resources

Mentoring 1 to 1

Reavolution's 1-to-1 mentorships allow you to learn our strategies directly from our trainers.

Main Categories

Forex Calculators

Commercial Lotto Calculator

Leverage and Margin Calculator

Drawdown Calculator

Compound Interest Calculator

Pips Value Calculator in Euros

Economic Calendar