EUR/USD

Choosing which assets to use in the forex market is not the easiest task, especially for beginners, because even the most popular currency pairs are not always amenable to analysis. Nevertheless, using the most liquid pairs as the base and quoted pairs is the most reasonable option for working on the exchange. Let us find out what aspects one should pay attention to while choosing the best assets to trade, as well as learn the most tradable currency pairs in forex trading.

Key events:       Eurozone - ECB President Lagarde Speaks      USA - Core PCE Price Index (MoM) (Dec)   USA - Pending Home Sales (MoM) (Dec)   The dollar gained against all currencies of the Big Ten yesterday amid the published economic data. The strengthening of the dollar coincided with the growth of risk appetite in Europe and the U.S. In this case, the yield on 2-year U.S. Treasury notes interrupted a two-day decline and rose Thursday to 4.18%, and the yield on 10-year bonds rose 5 bps to 3.49%.

Investors rely on a variety of tools in an attempt to determine the current and future state of the market. This set includes synthetic ones, such as stock indices, which allow evaluating the situation as a whole, without losing time analyzing a multitude of individual assets. Among the many indices used in the stock market, the dollar index stands out. What is it and how to use it in investments?

Key events: US - Core CPI (MoM) (Sep) US - CPI (YoY) (Sep) US - CPI (MoM) (Sep) US - Initial Jobless Claims US - Crude Oil Inventories The dollar weakened yesterday amid uncertainty over the Bank of England's willingness to continue supporting the country's bond market, which has become a key pressure point for the global financial sector.

Key events: UK - CPI (YoY) (Aug)

Key events: Eurozone - Euro Summit  Canada - Employment Change (Aug) Canada - Unemployment Rate (Aug)           The EUR/USD pair traded above 1.0000 in anticipation of the European Central Bank's monetary policy decision as demand for the dollar remained subdued. During the first half of the day Asian and European stocks struggled to continue rising, although most indices held on to most of their intraday gains. At the same time, government bond yields remained at the lower end of their weekly range.

Key events: United States - Trade Balance (Jul) UK - BoE Gov Bailey Speaks Canada - BoC Interest Rate Decision Canada - Ivey PMI (Aug) Japan - GDP (QoQ) (Q2) Australia - Trade Balance (Jul)