The GBP is the strongest and the USD is the weakest as NA traders enter for the day
Summary
By sueyangfx.com February 18, 2021 at 01:17PM Gold is up. Yields are up. Rotation out of high value tech continues. As North American traders enter for the day, the GBP is the strongest of the majors while the USD is the weakest. […]
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February 18, 2021 at 01:17PM
Gold is up. Yields are up. Rotation out of high value tech continues.
As North American traders enter for the day, the GBP is the strongest of the majors while the USD is the weakest. The dollars decline is in contrast to the higher rates seen in the debt market today. Oil prices are also higher. US stocks are looking lower