United States Redbook Index (MoM) rose from previous -0.9% to -0.8% in February 19


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EUR/USD extends losses below 1.2150 amid sour market mood

EUR/USD has extended its falls under 1.2150 as the risk-off mood and elevated US bond yields favor the dollar. The EU is pressing to accelerate its vaccination campaign. President Biden's stimulus bill ran into a snag. The Fed's preferred inflation measure and end-of-month flows are eyed.

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GBP/USD tumbles below 1.39 as the dollar storms the board

GBP/USD has fallen sharply, trading below 1.39 and down some 350 pips from the highs. The US dollar picks up bids as the bond market rout seems to resume. BOE Governor Bailey expects a negative first quarter for the economy. 

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XAU/USD bounces off multi-month lows, keeps the red below $1765 level

Gold witnessed some follow-through selling for the second consecutive session on Friday. Oversold RSI on the 1-hourly charts assisted the commodity to bounce off eight-month lows. Bearish oscillators on 4-hourly/daily charts support prospects for a further near-term decline.

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Dogecoin bullish failure could cause a 20%-to-40% correction

Dogecoin price has dipped under support at $0.055, opening up the possibility of a steeper correction. Transactional data shows investors who purchased 20.70 billion DOGE from $0.050 to $0.055 are underwater.

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US Dollar Index climbs to session tops near 90.50, looks to data

The greenback, when measured by the US Dollar Index (DXY), regains composure and reclaims the 90.00 barrier and (well) above at the end of the week.

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