EUR/USD 🔽
GBP/USD 🔽
AUD/USD 🔽
USD/CAD 🔼
USD/JPY 🔽
XAU 🔽
WTI 🔽
The US has recorded the third consecutive positive GDP growth which exceeds Mitrade's estimates, with quarterly growth of 3.2%. As such, the greenback strengthened towards its peers, and EUR/USD dropped slightly to 1.0593, while AUD/USD decreased over 40 pips to 0.6666.
The UK had a set of disappointing GDP data, including a -0.3% quarterly slowdown, leading GBP/USD to lose 40 pips to 1.2036. USD/CAD added more than 30 pips to 1.3646, and USD/JPY traded lower at 132.33.
Spot gold lost support at the $1,800 level, closing at $1,792.56 an ounce. A high number of COVID cases in China has dimmed the outlook for global oil consumption. WTI oil futures then suffered minor losses at $77.49 a barrel. Bitcoin just recovered to 16,806.0.
In the previous session, the Dow Jones Industrial Average lost 348 points (-1.05%) to 33,027, the S&P 500 lost 55 points (-1.44%) to 3,822, and the Nasdaq 100 fell 279 points (-2.49%) to 10,956.
GBP/USD 🔽
AUD/USD 🔽
USD/CAD 🔼
USD/JPY 🔽
XAU 🔽
WTI 🔽
The US has recorded the third consecutive positive GDP growth which exceeds Mitrade's estimates, with quarterly growth of 3.2%. As such, the greenback strengthened towards its peers, and EUR/USD dropped slightly to 1.0593, while AUD/USD decreased over 40 pips to 0.6666.
The UK had a set of disappointing GDP data, including a -0.3% quarterly slowdown, leading GBP/USD to lose 40 pips to 1.2036. USD/CAD added more than 30 pips to 1.3646, and USD/JPY traded lower at 132.33.
Spot gold lost support at the $1,800 level, closing at $1,792.56 an ounce. A high number of COVID cases in China has dimmed the outlook for global oil consumption. WTI oil futures then suffered minor losses at $77.49 a barrel. Bitcoin just recovered to 16,806.0.
In the previous session, the Dow Jones Industrial Average lost 348 points (-1.05%) to 33,027, the S&P 500 lost 55 points (-1.44%) to 3,822, and the Nasdaq 100 fell 279 points (-2.49%) to 10,956.