TODAY'S TOP MARKET NEWS
Enjoy our daily selection of major news and articles that will help you understand the market sentiment.
We curate our articles section to provide you the most relevant and independent information on the markets.
AUD/USD H&S neckline
The US dollar continued to strengthen after jobless claims fell to the lowest since the onset of the pandemic and Fed speakers agreed there would be some inflation. Stock markets rebounded from 2 days of losses in choppy trading.
26 March 2021
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Oil jumps, tanker stuck in Suez Canal
The US dollar was top FX riser amid weak US data and fears the pandemic will last longer than hoped. The focus in the last two days has been on Fed speakers. Global stock markets fell with the Hang Seng entering a correction.
25 March 2021
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NZD/USD has biggest drop in a year
The Kiwi dollar led the losses across currency markets after the NZ government announced plans to curb runaway house prices. The greenback was the clear winner, reaching a 2-week high while the price of oil slumped another 6%.
24 March 2021
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Powell bashes cryptocurrencies
Bitcoin fell over 5% after Fed Chair Powell criticised cryptocurrencies in a virtual panel for the BIS. The dollar and bond yields fell as tech stocks rebounded, taking the S&P 500 close to a record high.
23 March 2021
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FOMC Meeting Preview
Markets have mostly pressed the pause button in the lead up to today’s FOMC meeting with gold and the dollar trading in narrow ranges and US stocks ending flat and just off record highs.
17 March 2021
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Oil price drops after AZ vaccine suspensions
Traders sold oil amid concern that the suspension of the AstraZeneca vaccine in some countries would slow the economic recovery. The Dow Jones hit a 6th successive high led by financial stocks.
16 March 2021
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