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Forex Today: Dollar suffers from upbeat US data

Apr 13, 2021 22:31 GMTFXStreet News What you need to know on Wednesday, April 14: Markets seesawed between risk-aversion and risk-appetite. The sentiment was sour ahead of Wall Street’s opening, following news that the US FDA paused the application of the Johnson & Johnson coronavirus vaccine due to at least six cases of severe blood clots related to the shot. Stocks plummeted, providing temporary support to the greenback. Financial markets changed course after upbeat US inflation figures. The US March Consumer Price Index jumped to 2.6% YoY, while the core reading hit 1.6%, spurring risk appetite. Wall Street trimmed intraday losses, resulting and the dollar edged lower.

Oil rises after robust China data but J&J vaccine pause weighs

Oil rises after robust China data but J&J vaccine pause weighs
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

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