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 | EUUSD 🔼 GBP/USD 🔼 AUD/USD 🔼 USD/CAD 🔽 USD/JPY 🔽 XAU 🔼 WTI 🔼 submitted by Mitrade_Official to u/Mitrade_Official [link] [comments] https://preview.redd.it/mo3697u2xt1a1.jpg?width=1081&format=pjpg&auto=webp&s=d5c1a8c8c14bba00b540fd945510390187a5f159 Investors’ mood has been lifted by the release of Federal Reserve meeting minutes, as more fed officials opted to slow the pace of rate hikes. After that, the stock market surged with significant gains. There were gains of 95 points (+0.28%) on the Dow Jones Industrial Average, 23 points (+0.59%) on the S&P 500, and 113 points (+0.97%) on the Nasdaq 100. There is also weakness in the dollar against other major currencies. The EUUSD pair hit a four-month high of 1.0395. The GBP/USD increased 176 pips to 1.2052, and the AUD/USD increased 87 pips to 0.6731. USD/CAD was down 25 pips to 1.3351, and USD/JPY declined below 140.0 to 139.59, losing 170 pips. Spot gold rose $9 to $1,749.59 an ounce, while WTI crude futures fell $3.50 to $77.94. 📱 Get instant market news delivered to you in real-time→ https://mytd.cc/1YF Mitrade has appeared on Yahoo Finance, Bloomberg, MarketWatch, Nasdaq and more. For more details: https://www.mitrade.com/about-us/media Our awards: https://www.mitrade.com/about-us/awards Follow Mitrade's other social channels: Twitter: u/MitradeOfficial Instagram: u/mitrade_official *Not Personal Advice. All trading involves risks. This information is not intended for distribution where it is contrary to local regulations. #fintech #finance #investing #trading #crypto #cfd #forex #commoditytrading #FinancialNews #FinServ #economy |
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 | EUUSD 🔽 GBP/USD 🔼 AUD/USD 🔽 USD/CAD 🔼 USD/JPY 🔽 XAU 🔼 WTI 🔼 submitted by Mitrade_Official to u/Mitrade_Official [link] [comments] https://preview.redd.it/2lc2j5vhjgx91.jpg?width=1080&format=pjpg&auto=webp&s=d87ef65ac00239a3d59cfa9e248ed3da809c3e34 Both the Federal Reserve and the Bank of England are to announce their interest rate decisions tomorrow, while sharing the same 75 basis points forecast. Upon some weakened economic indicator readings, investors expect the two central banks would slow down on the rate hike next month. As a result, the greenback has also put the brakes on its peers, EUUSD closed lower at 0.9874, just recovered to 0.9885, and GBP/USD added slightly to 1.1483. Yesterday, the Reserve Bank of Australia raised rates by 25 basis points to 2.85%, aligning with market projections. USD/CAD rebounded to 1.3629, and USD/JPY declined and closed at 148.28. Upon raising hopes for China to re-open its cities and factories, WTI oil futures increased to $88.37 a barrel. Later tonight, the US Crude Oil Inventories are estimated to add 367,000 barrels. Gold price climbed to $1,647.8 an ounce, after reaching a high of 1,655.14. 📱 Get instant market news delivered to you in real-time→ https://mytd.cc/1Wq Mitrade has appeared on Yahoo Finance, Bloomberg, MarketWatch, Nasdaq and more. For more details: https://www.mitrade.com/about-us/media Our awards: https://www.mitrade.com/about-us/awards Follow Mitrade's other social channels: Twitter: u/MitradeOfficial Instagram: u/mitrade_official *Not Personal Advice. All trading involves risks. This information is not intended for distribution where it is contrary to local regulations. #fintech #finance #investing #trading #crypto #cfd #forex #commoditytrading #FinancialNews #FinServ #economy |
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