3 hours ago
Last week, the markets were marked by uncertainty, leading to mixed asset movements.
The release of the US NFP report was postponed once again, increasing concerns about a potential Fed rate cut. The EUR/USD pair reached support around 1.1569, rebounding above this level by the end of the week.
Market uncertainty boosted demand for gold as a safe-haven asset: the price reached a record high of $4,000 per ounce.
The euro continues to decline, affected by the ECB's monetary policy meeting minutes, which failed to meet market expectations.
A massive liquidation occurred in the cryptocurrency market: positions worth around $19 billion were closed in a single day.
US tariffs triggered sell-offs in cryptocurrencies and stocks of American companies.
This week, market direction may shift. The pound is expected to be particularly active: on Tuesday, the UK labor market data will be released, followed on Thursday by UK GDP. During the US session, the Consumer Price Index and Non-Farm Payrolls (NFP) report will also be published. To stay updated on other key events, check the Economic Calendar in the terminal.
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