Victor Camargo
06/22/2021
Forex
EURUSD: This Tuesday, the euro was trading above 1.19 aftertest its lowest point in nearly two months in the previous session at 1.185. Yesterday, theECB president told the European Parliament that better prospects regardingto global demand and a rise in consumer spending faster than it used to be.expected could result in a strong economic recovery.DXY: In contrast, extended its losses from the previous session to trade below92 and retreating from 10-week highs as investors digest asudden change in how the Fed must manage the economic recovery afterwardsthat the central bank signaled a possible increase in interest rates in the weeklast
Commodities
Gold: In the fall, gold was trading below USD 1780 an ounce or about-0.30%, also pressured by the change in the Fed’s tone.
IndexesWall
Street: After the Dow Jones had their best performance since March onPrevious session, US indices were up as investorsawait Powell’s speech and seek to assess growth prospectseconomic, inflation and the labor market.
Europe: In Europe, the indices closed higher for the second consecutive session, withthe DAX 30 passing above 15600
Source:https://wintrademarkets.com/
