EUR/USD⬆️
GBP/USD⬆️
USD/CAD⬇️
AUD/USD⬆️
XAU⬇️
WTI⬆️
The dollar fell again on Tuesday, though losses were limited. The EUR/USD pair ended the day steady at 1.1240/50 as disappointing EU data capped the shared currency.
Despite the UK's political uncertainty, GBP/USD ended the day at about 1.3510. Despite the RBA's refusal to hint at a faster rate hike, the AUD/USD pair is around intraday highs near 0.7110. The USD/CAD pair ended steady due to lower oil prices.
However, Wall Street spent the day bouncing around its opening level, trading mixed but directionless.
Bond rates fell early in the day but rose throughout US trading hours based on encouraging local data. The 10-year US Treasury note yield has been increased from 1.73 percent to 1.80 percent.
Officials from the US Federal Reserve were on the lines, delivering confusing signals on rate hike schedules. Bullard indicated we would favor a March raise, while he prefers May. Atlanta's Bostic warned that expectations might arise from the Fed's 2% to 4% earlier in the day. Overall, regulators are reducing the impact of rising stock prices.
Gold is stuck at $1,800, unable to gain further. Crude oil prices fluctuated throughout the day, ending modestly lower. WTI is now trading at $87.90.
#Mitrade #DollarIndex #YieldCurve #Inflation #Gold #USDJPY #EURUSD #GBPUSD
Find More on Mitrade
GBP/USD⬆️
USD/CAD⬇️
AUD/USD⬆️
XAU⬇️
WTI⬆️
The dollar fell again on Tuesday, though losses were limited. The EUR/USD pair ended the day steady at 1.1240/50 as disappointing EU data capped the shared currency.
Despite the UK's political uncertainty, GBP/USD ended the day at about 1.3510. Despite the RBA's refusal to hint at a faster rate hike, the AUD/USD pair is around intraday highs near 0.7110. The USD/CAD pair ended steady due to lower oil prices.
However, Wall Street spent the day bouncing around its opening level, trading mixed but directionless.
Bond rates fell early in the day but rose throughout US trading hours based on encouraging local data. The 10-year US Treasury note yield has been increased from 1.73 percent to 1.80 percent.
Officials from the US Federal Reserve were on the lines, delivering confusing signals on rate hike schedules. Bullard indicated we would favor a March raise, while he prefers May. Atlanta's Bostic warned that expectations might arise from the Fed's 2% to 4% earlier in the day. Overall, regulators are reducing the impact of rising stock prices.
Gold is stuck at $1,800, unable to gain further. Crude oil prices fluctuated throughout the day, ending modestly lower. WTI is now trading at $87.90.
#Mitrade #DollarIndex #YieldCurve #Inflation #Gold #USDJPY #EURUSD #GBPUSD
Find More on Mitrade