EUR/USD 🔼
GBP/USD 🔽
AUD/USD 🔼
USD/CAD 🔽
USD/JPY 🔼
XAU 🔽
WTI 🔼
Later tonight, Mitrade expects the US year-on-year inflation rate will decrease from 7.1% to 6.5%, giving more leeway for the Federal Reserve to use smaller rate hikes to combat inflation. Meanwhile, the greenback did not show any significant weakness, though EUR/USD steadily climbed to a seven-month high at 1.0755.
GBP/USD had minor losses at 1.2142, and AUD/USD added over 10 pips to 0.6899. While USD/CAD closed slightly lower at 1.3424, USD/JPY rose to 132.47, adding 22 pips.
Spot gold retreated from an eight-month high of $1,885.84 an ounce and closed at $1,875.58. Despite an 18.96 million barrel increase in the US Crude Oil Inventories, WTI oil futures still moved up to $77.41 a barrel. Bitcoin extended its strong run, currently at $18,181.0.
The Nasdaq rose the most, adding 196 points (+1.76%) to 11,402. The S&P surged 50 points (+1.28%) to 3,969, and the Dow rose 268 points (+0.80%) to 33,973.
GBP/USD 🔽
AUD/USD 🔼
USD/CAD 🔽
USD/JPY 🔼
XAU 🔽
WTI 🔼
Later tonight, Mitrade expects the US year-on-year inflation rate will decrease from 7.1% to 6.5%, giving more leeway for the Federal Reserve to use smaller rate hikes to combat inflation. Meanwhile, the greenback did not show any significant weakness, though EUR/USD steadily climbed to a seven-month high at 1.0755.
GBP/USD had minor losses at 1.2142, and AUD/USD added over 10 pips to 0.6899. While USD/CAD closed slightly lower at 1.3424, USD/JPY rose to 132.47, adding 22 pips.
Spot gold retreated from an eight-month high of $1,885.84 an ounce and closed at $1,875.58. Despite an 18.96 million barrel increase in the US Crude Oil Inventories, WTI oil futures still moved up to $77.41 a barrel. Bitcoin extended its strong run, currently at $18,181.0.
The Nasdaq rose the most, adding 196 points (+1.76%) to 11,402. The S&P surged 50 points (+1.28%) to 3,969, and the Dow rose 268 points (+0.80%) to 33,973.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.