After Fed Chair Powell sent the dollar surging with his reluctance to halt the bond yield rise, all eyes are on February´s Nonfarm Payrolls figures. An increase of 182K jobs is expected. Live coverage.
EUR/USD has hit a new trough near 1.19, the lowest level since December 2020. Fed Chair Powell's reluctance to lower US bond yields is boosting the dollar. The Nonfarm Payrolls report is set to show an increase of 182,000 jobs.
The cryptocurrency market is still suffering from the impact of Bitcoin’s rejection of $52,000 for the second time in less than two weeks. Declines are likely to gain momentum, with BTC already trading under $50,000.