Daily Alert – Wednesday 29th April 2020: Commodity currencies rising as positive sentiment endures

Mark NugentApril 2020, Daily Alert

Daily Alert – Wednesday 29th April 2020: Commodity currencies rising as positive sentiment endures

It is relatively quiet in the markets this week so far. At the midweek point, equity indices are nudging upwards, oil and GOLD are falling. However, moves are small and there is little volatility.

Commodity currencies are moving up and the obvious counter currency to trade these strong currencies against is the USD. IN the video I look at the possible trade setups.

Later today we have the Fed Funds Rate and US Q1 GDP.

VIP Club members can watch the video HERE