The American dollar maintained a constructive path that helps fresh fears around American tariffs and among geopolitical tension in response to negotiations around the potential end of the Russian war-Ukrainian war.
Here’s what you need to know on Thursday, February 20:
The American dollar indicator (DXY) added to Tuesday’s profits above the barrier 107.00 in tariff fears and despite the decreasing profits on the curve. Ordinary weekly claims regarding initial unemployment are due, delegated by Philly Fed Manufacturing Index, a leading CB economic indicator and a weekly report on American oil inventory of oil by EIA. In addition, Goologe, Barr, Muzalma and Kugler are to speak.
EUR/USD was under additional sales pressure and went back to zone 1.0400, where it seemed that some preliminary dispute appeared. Advanced trust of consumers tracked by the European Commission will be in the attention center along with the prices of producers in Germany.
GBP/USD was observed that its decline increased rapidly, passing below 12600 support despite stronger inflation data in Great Britain. CBI orders will be issued on the channel.
Fresh interest in Japanese Japan prompted USD/JPY to leave the growth and re -focus on Tuesday, briefly in the zone 151.20. Weekly data on investment in foreign bonds are expected in the “earthly earthly sun”.
Aud/USD traded in a hesitation in mood, although he managed to maintain trade in the upper part of the range near 0.6350. The publication of a report from the labor market will be an vital downward event delegated by the initial S&P Global Manufacturing/Services/Composite PMIS.
The revival of tariff chills, geopolitical tensions and supply problems meant that the WTI barrel included the third day in a row, this time flirting with a result of 73.00 USD.
Gold prices increased to another record amount of nearly USD 2950 per ounce of Troy, slowly approaching the key level of USD 3000. Silver prices could not maintain early traffic $ 33.00 per ounce and eventually survived.