EUR/USD 🔽
GBP/USD 🔽
AUD/USD 🔽
USD/CAD 🔼
USD/CHF 🔼
USD/JPY 🔼
XAU 🔽
WTI 🔽
The Euro has been steadily declining to a two-decade low against the US dollar at 1.0039, barely floating above parity. On the one hand, last week, the US nonfarm payroll readings led investors to anticipate further rate hikes from the Federal Reserve. Meanwhile, Russia's Nord Stream 1 gas pipeline began its annual maintenance, which will cease its gas supply to Germany for ten days - a significant impact on the European economy.
The British Pound and Aussie slipped to two-year lows, and GBP/USD just slid below 1.185, after stabilizing at 1.1900 and closing at 1.1889. Governor Bailey of the Bank of England will give a speech tomorrow, the first time after Boris Johnson announced his scheduled resignation as Prime Minister. New pandemic restrictions in China have brought the Australian dollar down to 0.673, mostly trading flat afterwards.
Greenback gained from its competitors' losses, USD/CAD rose by 57 pips to 1.3005, with a high of 1.3034, as USD/CHF closed with noticeable gains at 0.9829, and USD/JPY also gained 132 pips to 137.42. A stronger dollar held back gold futures, slipping $10 to $1,731.7 an ounce and just plunged to $1,725.5. US oil futures briefly fluctuated to $101.10, soon returning to $103.43 a barrel.
As Elon Musk backs out of the 44 billion Twitter deal, Twitter (TWTR) has doubled its losses, plunging over 11%, but the platform is ready to use legal means to make the Tesla CEO see it through.
More information on Mitrade website.
GBP/USD 🔽
AUD/USD 🔽
USD/CAD 🔼
USD/CHF 🔼
USD/JPY 🔼
XAU 🔽
WTI 🔽
The Euro has been steadily declining to a two-decade low against the US dollar at 1.0039, barely floating above parity. On the one hand, last week, the US nonfarm payroll readings led investors to anticipate further rate hikes from the Federal Reserve. Meanwhile, Russia's Nord Stream 1 gas pipeline began its annual maintenance, which will cease its gas supply to Germany for ten days - a significant impact on the European economy.
The British Pound and Aussie slipped to two-year lows, and GBP/USD just slid below 1.185, after stabilizing at 1.1900 and closing at 1.1889. Governor Bailey of the Bank of England will give a speech tomorrow, the first time after Boris Johnson announced his scheduled resignation as Prime Minister. New pandemic restrictions in China have brought the Australian dollar down to 0.673, mostly trading flat afterwards.
Greenback gained from its competitors' losses, USD/CAD rose by 57 pips to 1.3005, with a high of 1.3034, as USD/CHF closed with noticeable gains at 0.9829, and USD/JPY also gained 132 pips to 137.42. A stronger dollar held back gold futures, slipping $10 to $1,731.7 an ounce and just plunged to $1,725.5. US oil futures briefly fluctuated to $101.10, soon returning to $103.43 a barrel.
As Elon Musk backs out of the 44 billion Twitter deal, Twitter (TWTR) has doubled its losses, plunging over 11%, but the platform is ready to use legal means to make the Tesla CEO see it through.
More information on Mitrade website.