NZD/USD rose overnight against a broadly weaker US Dollar following losses on Wall Street. The Bank of Japan interest rate decision will cross the wires to close out the week.
The Nasdaq 100 Index gained over 2% as markets recovered from the largest 3-day decline since September.
Omicron variant concerns aren’t weighing significantly on expected rate moves.
WTI crude oil prices continue to rise as prices reclaim key psychological levels. Supply constraints and heightened demand likely support the recent rise.
Gold’s lackluster performance of late shows no signs of abating as technical levels continue to hold price action.
USD longs continued to pick up, GBP net shorts grow, however, downside limited from here
The Turkish Lira suddenly soared over 15% against the US Dollar in the aftermath of President Erdogan’s measures to support the currency. TRY is aiming for the best week in 40 years.
It’s been a busy 24 hours across global markets, with EUR/USD and GBP/USD in the spotlight after rate decisions from the European Central Bank and the Bank of England.
Gold prices fell alongside market-based inflation expectations after President Joe Biden’s social spending agenda took a critical hit overnight. Bullion traders are eying US PCE data due out later …
The Nasdaq 100 sank amid US fiscal stimulus disappointment and Omicron woes. Will the ASX 200 and Nikkei 225 brush aside the turbulence from Wall Street?
Login with Google
Login with Facebook