Etiqueta: DailyFX – Market News

US Dollar Struggles to Gain Ground Treasury Yields Leap. Where to for USD?

The US Dollar drifted lower as the markets digest SVB rescue and Treasury yields run higher calling into question a Fed pause. If risk assets continue to rally, will USD go lower?

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Crude Oil Price Surges on Easing Banking Woes and Supply Issues. Higher WTI?

Crude oil prices jumped overnight on a combination of factors, including FDIC throwing SVB Financial a lifeline, the US Dollar weakening and tightening supply. Will WTI recover further?

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EUR/USD Bolts Toward Trendline Resistance, GBP/USD Threatens Bullish Breakout

The U.S. dollar weakened widely at the start of the week amid positive market sentiment and reduced demand for haven positions, boosting high-beta currencies such as the euro and British pound.

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Gold Prices Sink as Yields Pop, Mood Improves, Bullish Momentum Exhausted for Now

Gold prices fall sharply on Monday, undermined by rising U.S. Treasury yields and improving market sentiment on the prospect of more U.S. support for the banking system.

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