Greenback created a U-turn, built on Wednesday’s post-FOMC recovery and climbed the weekly high as investors assured the lack of urgency in the rates of Federal Reserve.
Here you have to know on Friday, March 21:
The US dollar index (DXY) re -achieved the smile and returned to the area beyond 104.00 obstacles despite and despite the weakness in American yield during various maturity periods. The speech by Fed’s Williams will be the only release on the US docket at the end of the week.
EUR/USD succumbed to the rebound marked in greenback and re-recurred for multi-day climb in the 1.0820–1.0810 band. Buba’s Maudar is expected to speak.
GBP/USD came under renewed sale pressure and retained the area of 1.2940 amid extensive retracement in the risk complex. GFK’s consumer confidence gauge will be released after the public sector net lending figures.
The USD/JPY reversed Wednesday’s decline and upgraded the area around 149.00 on Thursday. The rate of Japanese inflation will be the main event in FX World with foreign bond investment readings on Friday.
AUD/USD further lost the impulse and slipped back in weekly climb near 0.6270 after a renewed purchase of US dollars. The next data release in OZ will be the monthly CPI indicator on 26 March.
WTI’s barrel prices maintained their early performance on Thursday, returning to the sub-$ 67.00 area on the back of the firm tone in greenback.
Later, after a strong demand for the US dollar, gold prices near $ 3,060 per troy ounces increased at a high level at all times. Silver prices fell into the area around $ 33.00 an ounce, or five-day climb.
