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.
Gold dives $50 after payrolls beat
The price of gold nose-dived $50 on Friday after the US unemployment report came in better than expected and sent the US dollar higher. The Dow Jones finished the week at record highs. Ether broke back above $3000.
09 August 2021
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Dollar picks up before today’s NFP
The dollar continues to strengthen off the back of Fed taper talk and optimism for today’s non-farm payrolls report. Bitcoin is back over $40k on hopes over new Bitcoin ETF filings.
06 August 2021
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Dollar gyrates on weak ADP, Fed comments
The euro fell to a fresh 2021 low against the Swiss franc amid a flight to safety. The US dollar fluctuated in response to weak ADP data and Fed comments, while the price of oil slid over 3% amid travel curbs in China.
05 August 2021
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EUR/CHF hits 2021 low in haven FX rally
Haven currencies rallied on Tuesday with the Swiss franc hitting a new 2021 low vs the euro. Meanwhile the dollar index made a golden cross buy signal. Robinhood shares jumped 21% to surpass the IPO price.
04 August 2021
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Aussie dollar jumps after RBA meeting
The Aussie dollar was top FX gainer on Tuesday after the RBA surprised by continuing plans to taper asset purchases, despite new lockdowns in Australia. Stock markets slipped amid fears about the Delta variant.
03 August 2021
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Speculators turn ‘net long’ the dollar
Speculators have net long positions in the US dollar as of the last week for the first time in 16 months according to COT data from the CFTC. This week sees the Bank of England meeting and non-farm payrolls.
02 August 2021
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