The Euro found some support today as the US Dollar paused, with growing geopolitical concerns boosting energy commodities. Will EUR/USD make new lows?
After fluctuating between small gains and losses, the S&P 500 powers higher in late trading, rallying 0.69% on improving risk sentiment and FOMO mentality.
Google gained in after-hours trading after Alphabet, Inc. reported rosy fourth-quarter corporate earnings. Strong ad and cloud revenue encouraged investors and lifted other tech shares.
USD/CAD may continue to depreciate over the coming days as the exchange rate reverses course ahead of the January high (1.2814).
The British Pound (GBP) has edged slightly higher as investors await the BoE and other major risk events
US ISM manufacturing data for January produces another strong figure. Rising employment and prices data adds to the narrative of a Fed rate hike in March
Bitcoin (BTC) prices have regained confidence after climbing above channel resistance. With increased geopolitical tensions, risk sentiment may continue to support price action.
AUD/USD is probing higher after impressive Chinese PMI data. Aussie Dollar traders are eying tomorrow’s Reserve Bank of Australia (RBA) policy decision.
Bitcoin (BTC) prices have regained confidence after climbing above channel resistance. With increased geopolitical tensions, risk sentiment may continue to support price action.
Sterling continues to push higher against a weaker US dollar, buoyed by solid manufacturing data and BoE rate hike expectations.
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