Japan National CPI ex-Fresh Food (YoY) came in at -1%, above expectations (-1.1%) in December

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EUR/USD stabilizes above 1.2050 after weak US ISM Services PMI

EUR/USD has bounced above 1.2050 after the ISM Services PMI missed estimates with 55.3 points. Earlier, ADP NFP also fell short of expectations with 117K jobs gained in February. US yields are off their highs. US stimulus talks are eyed.


GBP/USD struggling to extend gains, but near its daily highs

GBP/USD holds on to gains after UK Chancellor Sunak presented a new budget that includes an extension to the furlough scheme, tax holidays, and other measures to support the economy.


XAU/USD under pressure, hits multi-months just above $1700

Gold prices remain depressed, looking at the $1700 level. The yellow metal fell to $1701 hitting the lowest level since June. It then bounced to the upside toward $1710, but it remains under pressure amid higher US yields that boosted the dollar.

Gold News

Crypto bull market warming up as Bitcoin heads for $58,000

The crypto market seems to be flipping bullish after Bitcoin made a real move above $50,000 on Wednesday during the European session. Bitcoin comfortably reclaims the ground above $50,000 amid the upswing toward the all-time high. 

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US Dollar Index: Upside remains capped by 91.60

DXY failed to move further north of the 91.00 mark on a more serious note on Wednesday, retreating to the negative territory after clinching multi-week peaks in the 91.35/40 band.

US Dollar Index News