United States API Weekly Crude Oil Stock: 1.026M (February 19) vs -5.8M


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AUD/USD shrugs off equities slide, aims to 0.8000

The AUD/USD pair quickly recovered the 0.7900 threshold after a knee-jerk to 0.7879, now trading around 0.7910. Australian quarterly wage growth coming up next.

AUD/USD News

Gold: Bears engaging below firm resistance, targetting $1,750

The daily chart shows that the price has been resisted at the structure and a 50% mean reversion of the last bearish impulse which has proven to be a firm resistance. 

Gold news

RBNZ Preview: To hold fire, upgrade its economic forecasts

New Zealand’s relative success in combating the coronavirus pandemic has propelled a swift economic recovery. Therefore, the Reserve Bank of New Zealand (RBNZ) could remain in a wait-and-see mode on Wednesday before it announces any adjustments to its monetary policy decision later this year.

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Crypto market menaced as it bleeds amid $6 billion liquidations

Cryptocurrencies are gasping for air after corrections occurred across the board. The bloodshed has seen Bitcoin lose over 14% in 24 hours, testing support at $45,000. Ethereum did not escape the freefall, which has led to losses below $1,500.

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US Dollar Index: Formidable support is located at 90.00

DXY tests and rebound from the key 90.00 neighbourhood. Further south of this level comes in the 2021 lows at 89.20.

US Dollar Index News

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