Victor Camargo
06/28/2021
Forex
EURUSD: Starting the week in decline, the euro came close to testing the region of1.19 on Monday and headed for a monthly decline of more than 2%, under pressuremainly for a more hawkish tone from the Fed, even with the heightened optimism inregarding the economic recovery due to the efforts to reopen and the pace ofaccelerated vaccination. On the political side, investors analyze the election resultsregions of France. Although the country’s far right could not win a single oneregion, a poor performance of President Emmanuel Macron’s party increased theuncertainty about the presidential outcome in 2022.
DXY: Little changed in today’s session after recording your first week inslump after a four-week high, the dollar was trading around91.9, while US 10-year bond yields were at 1.53%
Commodity
Gold: Also little changed, the metal remains in the region of USD 1780 an ounce,close to its 7-week low at USD 1760 reached on June 17, whileinvestors are still trying to understand mixed signals from Fed officials regardingto an increase in interest rates.
IndexesWall Street: With investors flocking to big tech security because ofincrease in coronavirus cases, Nasdaq was up today by more than 1%,renewing record high , while the Dow Jones, pulled by a drop of about4% of Boeing Co was in the red and the S&P 500 little changed.
Europe: In Europe, the main indices closed down, with the DAX 30 returningbelow the 15600 region as travel-related stocks came under strongpressure from concerns that the delta variant of the coronavirus could generatenew restrictions on travel. Anyway, European stock exchanges are on the wayto record your fifth consecutive month of earnings
Source:https://wintrademarkets.com/
