EUR/USD 🔽
GBP/USD 🔽
AUD/USD 🔼
USD/CAD 🔽
USD/JPY 🔼
XAU 🔽
WTI 🔼
The latest GDP data from the US will be announced tonight, with Mitrade estimating a 2.9% quarterly increase, the same as last month. A minor relief from recession fears allowed the stock market to close higher. With the Dow Jones Industrial Average rising 526 points (+1.60%), the S&P 500 gained 56 points (+1.49%) and the Nasdaq 100 rebounded 163 points (+1.48%).
Meanwhile, the US dollar has strengthened against most major currencies. EUR/USD dropped to 1.0603, and GBP/USD plunged 100 pips to 1.2083, though the AUD/USD pair rose over 30 pips to 0.6706. USD/CAD suffered minor losses at 1.3609, and USD/JPY recovered more than 60 pips to 132.47.
Spot gold declined slightly to $1,814.3 an ounce. As US crude oil inventories decreased by 5.89 million barrels, WTI oil futures closed higher at $78.29 a barrel. Bitcoin retreated to 16,790, and just rebounded to 16,837.0.
GBP/USD 🔽
AUD/USD 🔼
USD/CAD 🔽
USD/JPY 🔼
XAU 🔽
WTI 🔼
The latest GDP data from the US will be announced tonight, with Mitrade estimating a 2.9% quarterly increase, the same as last month. A minor relief from recession fears allowed the stock market to close higher. With the Dow Jones Industrial Average rising 526 points (+1.60%), the S&P 500 gained 56 points (+1.49%) and the Nasdaq 100 rebounded 163 points (+1.48%).
Meanwhile, the US dollar has strengthened against most major currencies. EUR/USD dropped to 1.0603, and GBP/USD plunged 100 pips to 1.2083, though the AUD/USD pair rose over 30 pips to 0.6706. USD/CAD suffered minor losses at 1.3609, and USD/JPY recovered more than 60 pips to 132.47.
Spot gold declined slightly to $1,814.3 an ounce. As US crude oil inventories decreased by 5.89 million barrels, WTI oil futures closed higher at $78.29 a barrel. Bitcoin retreated to 16,790, and just rebounded to 16,837.0.
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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.