EUR/USD plunges from around parity to 0.9850 amid a strong US dollar
The EUR/USD is erasing some of Tuesday’s gains as speculations of a Fed pivot towards a dovish stance faded, as shown by US T-bond yields rising again
Source: fxstreet.com
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AUD/USD stumbles towards 0.6480s on dovish RBA, risk-off impulse
The AUD/USD drops for the second consecutive day as the greenback snaps five days of losses, as risk aversion takes center stage. The speculation that
Source: fxstreet.com
Gold Price Forecast: XAUUSD falls further below $1750 after US ISM PMIs, FOMC minutes eyed
Gold price tumbles to fresh multi-month lows below $1752.51, amidst concerns of a global economic recession, but also driven down by a solid greenback
Source: fxstreet.com
Asia steps cautiously into the new week - MarketPulse
Asia steps cautiously into the new week April 5, 2021SharePrint Asian equities muted in holiday trade Asia is treading cautiously this morning despite the blowout US Non-Farm Payrolls data on Friday pushing Wall Street to an impressive finish. Greater China, Australia, Europe and Canada, to name but a few, are on holiday today, and volumes are likely to be muted as a result. Friday’s session was notable for what did not happen, then what did. The US Non-Farm Payrolls rose by 916,000 jobs, far higher than expected and broad-based across sectors. Going forward, we can expect one million-plus ...
Source: marketpulse.com