The US dollar and Treasury yields continued their recovery run supported by resilient economic data and hawkish Fed speaks. The dollar index is trading higher at 102.05, and the 10-year Treasury yield rose to 3.591%. This has diluted the yellow metal’s safe-haven demand, with spot gold declining
9
to
1
,995.18 an ounce.
Later tonight, Mitrade expects the UK Claimant Count Change in March will jump to 10,200. GBP/USD then dropped 39 pips to 1.2374. EUR/USD fell 74 pips to 1.0926, and AUD/USD slid 8 pips to 0.6700. USD/CAD added 31 pips to 1.3392, and USD/JPY climbed 69 pips to 134.46.
WTI crude futures closed $1.60 lower at $80.83 a barrel. Bitcoin and Ethereum slowed to 29 ,331.0 and
2
,069.37 respectively.
The S&P 500 advanced 13 points to 4,151, and the Dow Jones Industrial Average increased 100 points to 33,987. The Nasdaq 100 rose 8 points to 13,087.
1
,995.18 an ounce. Later tonight, Mitrade expects the UK Claimant Count Change in March will jump to 10,200. GBP/USD then dropped 39 pips to 1.2374. EUR/USD fell 74 pips to 1.0926, and AUD/USD slid 8 pips to 0.6700. USD/CAD added 31 pips to 1.3392, and USD/JPY climbed 69 pips to 134.46.
WTI crude futures closed $1.60 lower at $80.83 a barrel. Bitcoin and Ethereum slowed to 29 ,331.0 and
2
,069.37 respectively. The S&P 500 advanced 13 points to 4,151, and the Dow Jones Industrial Average increased 100 points to 33,987. The Nasdaq 100 rose 8 points to 13,087.