Further USD Strength Towards the End of the Month? | BDSwiss Market Moves on MT4

-Ship Accident Seemingly power loss of a cargo vessel had caused a catastrophic accident bringing down Baltimore’s Francis Scott Key Bridge. The ship, which is being operated under the Singapore flag, slammed into a bridge leaving at least six people dead. The collapsing bridge might also disrupt businesses for a while as much as 2.5 million tons of coal, hundreds of cars made by Ford Motors, lumber and gypsum will face a delay in transportation. -UK Property The property market particularly in London offers better value compared to renting. Despite high mortgage rates, which have more than doubled, owning a property offers a better value as people renting need to cover such costs as well. First-time buyers will currently have monthly costs of nearly GBP . The amount is still cheaper compared to renting a home in equivalent. On the other hand, the Pound might lose momentum anytime soon, should the GBPUSD currency pair fall below the zone. The current price sits on top of the 50-moving average based on the daily chart. -Equity Markets The last trading days for the quarter might offer further potential. Stock markets continue to face positive signs as the DAX for example is potentially offering a new high. Without major news coming up for the day, traders will continue to focus on current price moves in markets. -Market Talk Oil prices look set to weaken slightly as the market remains capped under the USD level. Any break to the downside could offer interesting opportunities for long positions. Meanwhile, the CAD is losing steam in particular against the US- Dollar. The USDCAD pair might hence run higher and a break of the zone could unleash further upside potential towards the price range. Check the UPCOMING WEBINARS here: • Download the BDSwiss iOS app: • Download the BDSwiss Android app: • Join our Telegram Channel: • Like us on Facebook: • Follow us on Twitter: • Follow us on LinkedIn: • Follow us on Instagram: • Subscribe to our Channel: Your capital is at risk. T&Cs apply.