US Treasury yields open the session near a two week high, giving the greenback an early boost. EUR/USD is back below 1.1000 but for how long?
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US Treasury yields open the session near a two week high, giving the greenback an early boost. EUR/USD is back below 1.1000 but for how long?
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Gold prices are bid as real yields are suppressed pushing XAU/USD above the $2000 handle in early European trade.
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Global equity markets rose while the US dollar slipped in the past week on growing expectations that the US Federal Reserve is nearing the end of its tightening cycle. Key focus is now on Euro area, UK, Japan, Canada, and New Zealand inflation data in the coming week as the US earnings picks up steam.
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Holders of Ethereum, the second-largest cryptocurrency by market capitalization, have enjoyed an 11% rally this week, despite fears of heavy validator sales.
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The current EUR/USD bull trend continues as the ECB is almost guaranteed to hike next month while the dollar adds to recent declines. Big US Earnings ahead
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