Stock indices S&P 500 and Nasdaq are falling for seven days in a row. The New Zealand dollar skyrocketed to almost two-years highs. Fed’s Powell held a meeting yesterday and said that the central bank wouldn’t tight its easing policy anytime soon.
Tag - gbp
We have an aggressive GBP, recovering USD, bullish WTI oil, and some interesting moves in the stock market. Watch out those levels!
The poor labor data in combination with technicals pointing to the overbought area, GBP/USD has all chances to pullback down.
Will we see new dovish insights?
It looks like the final week of February will be volatile…
Riskier currencies such as the GBP, NZD, and AUD skyrocketed to multi-year highs. 10-year Treasury yields rose to the highest level in almost a year. Oil tries to rebound from its previous week's losses.
UK will publish the unemployment rate on Tuesday, February 23, at 09:00 MT time.
Watch the daily video to project the possible trajectory scenarios for the main assets in Forex and commodities in the mid-term!
Facebook blocked users in Australia from finding or sharing news. US retail sales came out much better than was expected. Crude oil keeps rising.
Facebook blocked users in Australia from finding or sharing news. US retail sales came out much better than was expected. As a result, the US dollar surged. Watch the video to know the latest news and get some trade ideas for today!
The dollar gains against low-yielding currencies on Wednesday, hitting a five-month high against the yen as US bond yields jumped on the prospects of further economic recovery.
The US stock market was closed on Monday for Presidents Day, but February is still on track to be the strongest month for the major Wall Street indices since November.