GBPUSD, daily GBPUSD raised 1.3636 during the European morning but remains in yesterday’s range and tested the key 1.3600 even. The rise in yields has fizzled out for now and with Treasuries outperforming core European markets, the dollar struggled during the European AM. The fact that British Prime Minister Johnson has managed to hold on despite the heated debate over […]
Category: Forex News
Market Update – January 21 – Stocks Sink – Netflix & Peloton Crash
Stock markets fell again (Nasdaq -1.3%) Tech companies led the slide, (peloton -24%, Netflix -18% post results. U.S. dollar solidified as Yields & Oil submerged, gold held on to the profits. The markets are nervous and Risk aversion has chosen up as investors eye shaky earnings and dwindling confidence, with rising tensions over Ukraine adding to geopolitical tensions. US Weekly […]
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