NZD/USD attempts recovery from 0.6200 as USD Index displays a momentum loss – by Sagar_Dua24 NZDUSD Fed PMI RiskAppetite DollarIndex
EUR/USD dropped to 1.0575 during the American session on Thursday after the data from the US showed that Unit Labor Costs increased at a stronger pace than expected in Q4, boosting the US Dollar. Greenback’s strength lasted until a late rally in Wall Street. After a relatively quiet session, more consolidation seems likely ahead of the Asian session.AUD/USD found resistance at around 0.
47 a troy ounce, Gold retreated towards the $1,830 price zone. The pair staged a modest recovery after Wall Street’s opening, but the lack of momentum in stock markets limits the upside.Cryptocurrency market capitalisation fell 1.2% overnight to $1.07 trillion. This level has been the focus of attention since Sunday, reflecting the consolidation of the participant’s strengths. The cryptocurrency fear and greed index is back in the 50s.
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