The Foundation for the Study of Cycles presents “Wealthbuilder Trade Signals Webcast”, a video series that illustrates the forecast of the market for five big categories – Forex, Currencies, Futures, Indices and Sectors.

For today we have the video above displaying next assets:

Sectors: Technology, Industrial, Consumer Staples, Utilities, HealthCare, Real Estate, Biotech.

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EUR/USD retreats below 1.0700 after US GDP data

EUR/USD retreats below 1.0700 after US GDP data

EUR/USD came under modest bearish pressure and retreated below 1.0700. Although the US data showed that the economy grew at a softer pace than expected in Q1, strong inflation-related details provided a boost to the USD.

EUR/USD News

GBP/USD declines below 1.2500 as USD rebounds

GBP/USD declines below 1.2500 as USD rebounds

GBP/USD declined below 1.2500 and erased the majority of its daily gains with the immediate reaction to the US GDP report. The US economy expanded at a softer pace than expected in Q1 but the price deflator jumped to 3.4% from 1.8%. 

GBP/USD News

Gold drops below $2,320 as US yields shoot higher

Gold drops below $2,320 as US yields shoot higher

Gold lost its traction and turned negative on the day below $2,320 in the American session on Thursday. The benchmark 10-year US Treasury bond yield is up more than 1% on the day above 4.7% after US GDP report, weighing on XAU/USD.

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XRP extends its decline, crypto experts comment on Ripple stablecoin and benefits for XRP Ledger

XRP extends its decline, crypto experts comment on Ripple stablecoin and benefits for XRP Ledger

Ripple extends decline to $0.52 on Thursday, wipes out weekly gains. Crypto expert asks Ripple CTO how the stablecoin will benefit the XRP Ledger and native token XRP. 

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After the US close, it’s the Tokyo CPI

After the US close, it’s the Tokyo CPI

After the US close, it’s the Tokyo CPI, a reliable indicator of the national number and then the BoJ policy announcement. Tokyo CPI ex food and energy in Japan was a rise to 2.90% in March from 2.50%.

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