Asia open: The dollar continues to squeeze bears with firmer US data
City Index February 4, 2021 10:20 PM
Firmer US data overnight helped propel the dollar and further confound bears who remain positioned for a deeper macro sell-off. Share:
GBP and USD were strongest majors overnight, CHF and JPY were the weakest.
Firmer US data strengthened the dollar, weighed on gold (which is back below 1800) and saw EUR/USD close beneath 1.2000.
The steepening yield curve (US10-2yr) underscored the strength of the reflation trade
Oil prices extended their bullish runs, with WTI and Brent at their highest levels since January and February respectively
«Америка возвращается»: Байден очертил внешнеполитический курс США
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Глава МЧС России поручил выяснить причины пожара в Красноярске
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