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.
On Wednesday, February 24, at 03:00 MT time, RBNZ will provide the Rate Statement and Press Conference.
UK will publish the unemployment rate on Tuesday, February 23, at 09:00 MT time.
The New Zealand dollar has been really strong lately. Will it beat the multiyear highs?
Will USD/JPY make upswings following the resistance levels already met in 2020?
Watch the daily video to project the possible trajectory scenarios for the main assets in Forex and commodities in the mid-term!
Will the weakness of the USD let the AUD take advantage of it?
Saxo Bank forecasts EUR/USD at 1.1600. Credit Agricole believes the USD will strengthen in the coming months.
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!
USD/JPY rose to the resistance of the 50-week MA at 106.00. The pair is not at the resistance line since the end of December.
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.
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