Don’t waste your time – keep track of how NFP affects the US dollar!
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Riskier currencies such as the GBP, NZD, and AUD skyrocketed to multi-year highs. 10-year Treasury yields rose to the highest level in almost a year. Oil tries to rebound from its previous week's losses.
Yesterday, S&P surged to the all-time high of 3960, driven by Biden’s $1.9 trillion relief bill. Today the stock index has taken a break. Meanwhile, the US dollar is edging higher today, pressing down its peers.
The US is set to deliver $1.9 trillion stimulus. Nasdaq retreated after Monday’s deep slump. Oil dropped because of an attack on the crude terminal in Saudi Arabia.
Microsoft is planning to buy Discord. Gold is climbing up. Besides, Fed's Powell will testify today. Jump in for fresh trading ideas!
Rising yields, potential US tax hikes, and inflation fears worry investors. As a result, the market sentiment is risk-off. Stocks are falling, while the USD and the JPY are edging higher.
US President Joe Biden is expected to unveil a huge infrastructure package today, which will add fresh volatility to markets. Read to get fresh trade ideas!
What's moving markets on Thursday? Jump in and you'll get the full market wrap!
Which currency does have a higher potential for further growth? EUR? USD? Let's find out!