US Dollar Outlook: USD Upside Stalling, Risk of Larger Setback
US Dollar losing its appear demand picks up for major counterparts. Risk of larger setback as risk appetite stabilises.
US Dollar losing its appear demand picks up for major counterparts. Risk of larger setback as risk appetite stabilises.
Bitcoin broke above $60k earlier in the session to a fresh multi-month high on the renewed expectation that the SEC will approve a futures-based Bitcoin ETF very soon.
The Euro found firmer footing after the US CPI and FOMC minutes eventually undermined the US Dollar. Can the Euro break further resistance levels?
The Euro found firmer footing after the US CPI and FOMC minutes eventually undermined the US Dollar. Can the Euro break further resistance levels?
Crude oil’s rally stumbled after a large US inventory build and a downbeat demand outlook update from OPEC. EIA inventory data is in focus for energy traders.
Crude oil’s rally stumbled after a large US inventory build and a downbeat demand outlook update from OPEC. EIA inventory data is in focus for energy traders.
The Australian Dollar is seemingly back on the offensive as lockdowns ease in Sydney and Melbourne. Improving sentiment may allow AUD/USD to capitalize on rising equities and commodity prices.