OctaFX | OctaFX Forex Broker
Open trading account
Back

Market wrap: dollar on firmer footing again - ANZ

Analysts at ANZ explained that despite the “risk-off” tone in equity markets (especially during the Asian session) and fall in bond yields, the USD firmed overnight. 

Key Quotes:

"The exception was against the yen which benefitted following the earlier sharp fall in the Nikkei. CAD underperformed after BoC held rates and maintained its “cautious” outlook for the path of rates. Equity markets were generally lower."

"The DAX closed down 0.4%, while the Euro Stoxx was 0.3% lower. Bucking the trend, the FTSE finished up 0.3%. At the time of writing, the S&P 500 was flat. Bond markets were generally stronger, with the yield on the US 10-year note falling to 2.32%. Bund yields were 2.5bps lower. Oil also weakened, with WTI off 2.4%. Gold was a touch lower (-0.1%)."

Crypto Today: Bitcoin surges above $13K as rally continues

Following a brief consolidation period during the NA session, the BTC/USD pair gathered momentum and broke above the $13000 mark to reach a new all-ti
Read more Previous

US hourly wages preview - Nomura

Analysts at Nomura explained their outlook for average hourly earnings. Key Quotes: "After the first m-o-m decline since 2014, partly driven by weat
Read more Next
Start livechat