This is what you need to know to trade tomorrow Tuesday, January 19:
Boring start to the week, but with the dollar maintaining its dominance, posting modest gains against most of its rivals. A scant macroeconomic calendar Monday was exacerbated by the US holiday as investors await Joe Biden’s inauguration on Wednesday and the ECB’s monetary policy decision on Thursday.
The pair EUR / USD fell towards the 1.2050 zone and it runs the risk of prolonging its fall. The pound was also under pressure amid news related to the coronavirus. However, Nadhim Zahawi, the COVID Vaccine Implementation Minister, said that everyone in the UK is would offer a vaccine before September.
He oro It fell towards 1,800 at the weekly open, but recovered fairly quickly to around $ 1,838 a troy ounce. The level is a critical line in the sand.
The oil prices Crude oil fell slightly, following the example of equities, which traded poorly. Wall Street closed due to the Martin Luther King holiday in America. Futures posted modest intraday gains.
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