US Dollar Charges Higher as Treasury Yields Surge and Crude Oil Soars. Where to Next?
The US Dollar has rallied back after last week’s sell-off as debt yields lift on rate hikes coming. Will it be enough to make a new high for USD index (DXY)?
The US Dollar has rallied back after last week’s sell-off as debt yields lift on rate hikes coming. Will it be enough to make a new high for USD index (DXY)?
U.S.stocks erase morning gains and drop aggressively into the close as sentiment continues to be fragile on Wall Street and dip buyers remain reluctant to step in to pick up beaten down shares.
Tech shares weighed on the Nasdaq 100 and S&P 500 yet again as jitters grow ahead of the January Fed meeting.
USD/JPY may consolidate over the coming days as the exchange rate appears to be defending the monthly low (113.48).
Earnings report on American Airlines and United Airlines were released this morning with mixed market reactions.
The Australian Dollar fell overnight as rising Fed rate hike bets boosted Treasury yields and the Greenback. Australia’s consumer confidence fell in January on Omicron fears.
The Rand is currently the top performing currency vs the dollar with the recent uptick in metals driving appreciation. Hot CPI data lifts SARB rate hike probability
Turkish Lira briefly benefits from Turkish Central Bank maintaining monetary policy.
Bitcoin’s volatility is at a multi-month low, according to one closely followed technical indicator, leaving the coin stuck in a range.
The Hang Seng Index rallied in the Asian session today on the back of the PBOC announcing further rate cuts to their 1 and 5-year LPR rates.