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Summary

Join professional trader and author Ed Ponsi for real-time, interactive technical and fundamental analysis of the Forex markets. Together we will view and analyze live charts and news, uncover opportunities for upcoming trades, and answer your questions during this fast-paced, 30-minute webinar.

 

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Editors’ Picks

EUR/USD loses 1.1800 amid escalaing US-Sino tensions

EUR/USD dips sub-18 after the US reported an increase of 1.763 million jobs in July, better than estimated but pointing to a deceleration. Escalating Sino-American tensions are boosting the dollar and fiscal talks are eyed. 

EUR/USD News

USD/JPY jumps toward 106.00 after NFP, retreats to 105.70

USD/JPY spiked to a fresh daily high with the initial reaction to US data. Nonfarm Payrolls in the US increased by 1,763,000 in July. US Dollar Index stays in the positive territory above 93.00.

USD/JPY News

GBP/USD resumes decline, weighed by UK concerns, US-China conflict

GBP/USD trades at fresh weekly lows below 1.3050 as the dollar got a sudden boost from mounting tensions between the world's two largest economies. UK Chancellor Rishi Sunak said the furlough scheme that is underpinning the economy cannot last forever.

GBP/USD News

XAU/USD drops $50 from record highs to the $2020 area

Gold prices are falling sharply on Friday, trading below $2040/oz at the moment. Earlier on Friday, the yellow metal reached at $2075, a new record high.

Gold News

WTI drops 1% to $41.50 ahead of US NFP, rigs data

WTI (futures on Nymex) is on a steady decline so far this Friday, undermined by reduced demand for higher-yielding assets amid the renewed US-China tensions induced risk-aversion.

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