The dovish Fed and the weak US inflation data pressed the dollar down. Meanwhile, the earnings season goes on. Today PepsiCo and Disney will publish their earnings reports.
Tag - gbp
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Apple will soon offer a platform for buying and selling cryptocurrency. S&P 500 surged to the record high above $3 900, crude oil continues rallying up. A lot of news came out! Jump in!
Latest market news with the technical analysis of the EUR/USD, GBP/USD, USD/JPY, and gold!
The USD is rising for the third day in a row, stocks jumped as well after Alphabet( Google) and Amazon published better-than-expected revenues.
The US dollar is heading towards its largest weekly increase since October amid the risk-off market sentiment. Whereas, global stocks are having their worst weekly drop in nearly three months.
What’s happening? S&P dropped, the AUD dropped, while USD/JPY skyrocketed!
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The UK multinational investment bank HSBC advised its clients to sell the pound in 2021.
EUR/USD has been rising since morning, but the further rally is limited by the 200-peiod moving average at 1.2190. Gold is flirting with the $1 850 level.
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S&P 500 skyrocketed to the all-time high on optimism that Biden’s fiscal stimulus will support economic growth and boost corporate earnings.