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AUD/USD Forecast Today - 14/05: Barrier (Video & Chart) dailyforex.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyforex.com Daily Mail and Mail on Sunday newspapers.
What transpired with the EUR/USD pair last week? It behaved as expected on Monday, 01 April. However, starting from Tuesday, the situation deviated. Let's delve into the details. On the first day of April, data on business activity in the US industrial sector from the ISM for March showed the economy is on the rise: PMI increased from 47.8 to 50.3 points, crossing the 50-point threshold that separates growth from contraction. This marked the end of a downward trend lasting over 15 months. With this sector accounting for over 10% of the US GDP, the PMI growth is a vital indicator of an economy that easily withstands high interest rates. Thus, logically, this data benefited the dollar, pushing the pair to 1.0730 - its lowest since 15 February. The escalation of tensions in the Middle East also supported the strengthening of the American currency as a safe haven. ....
Data shows the futures side of the crypto market has witnessed liquidations of $221 million as Bitcoin has broken above the $51,500 mark. Bitcoin Has… ....
Nasdaq 100 Set to Shoot for 18K but Fears of a Tech Bubble Continue to Linger investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.