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Apr 20, 2021 21:01 GMTFXStreet News USD bulls are stepping in at a significant area of support as stocks fall. Market positioning is net longer USD, and spot could play catch up in the coming days/weeks.  The US dollar remains downtrodden for the seventh consecutive session as measured by the DXY index vs a basket of currencies which printed a fresh low of 90.8560. However, in more recent trade, the index has travelled 0.17% higher in a drift back to 91.2580. The upside is a feasible prospect at this stage.  The DXY is meeting a significant support area and as for positioning, speculator...

ASX gains as GDP rebounds, despite tech-led Wall St sell-off By business reporters Michael Janda, Emilia Terzon and wires Posted TueTuesday 2 updated WedWednesday 3 Wall Street's recent movements have been driven by the volatile tech sector. ( Print text only Cancel The Australian share market ended Wednesday on an upbeat note as GDP figures show that Australia's economy is recovering from the shock hit of COVID-19. Key points: Promising GDP figures follow other economic indicators showing gains this week The Nasdaq fell 1.7pc, the S&P 500 0.8pc and the Dow Jones 0.5pc The ASX 200 started th...