The euro appears to have garnered some cushion for now, thanks to the apparent shift in Fed rhetoric. The question then comes up is this a game changer for EUR/USD? What about EUR/AUD and EUR/NZD?
The US dollar has broken key resistance levels against some of its peers as higher-for-longer rates view solidifies. What is the outlook for EUR/USD, GBP/USD, AUD/USD, and USD/JPY?
How Much More Upside In US Dollar? EUR/USD, GBP/USD, AUD/USD, USD/JPY menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
European Open: Biden Addresses Congress, S&P Futures Hit New Highs
Matt Simpson April 29, 2021 5:58 AM
US futures rose overnight, following Joe Biden’s first formal address to congress where he pitched his $1.8 trillion stimulus package. Share:
Asian Indices:
Australia s ASX 200 index rose by 25.8 points (0.37%) and currently trades at 7,090.50
Japan s Nikkei 225 index has risen by 62.08 points (0.21%) and currently trades at 29,053.67
Hong Kong s Hang Seng index has risen by 163.72 points (0.56%) and currently trades at 29,235.06
UK and Europe:
UK s FTSE 100 futures are currently up 12 points (0.17%), the cash market is currently estimated to open at 6,975.67
Euro STOXX 50 futures are currently up 6 points (0.15%), the cash market is currently estimated to open at 4,021.03