Federal Reserve Chairman Powell will testify in the US Congress's Joint Economic Committee, explaining recent policy decisions and providing the central bank’s economic outlook. The uncertainty raised risk-aversion sentiment in the market, leading USD/CAD to add 19 pips to 1.3612, USD/JPY also moved up 5 pips to 135.91.
EUR/USD increased 46 pips to 1.0678, Eurozone's retail sales in January grew 0.3% on the month, lower than Mitrade's estimate of 1.0%. But GBP/USD fell 19 pips to 1.2021, and AUD/USD dropped 41 pips to 0.6727.
Spot gold slid $9.7 to $1846.72 an ounce, and WTI oil futures gained $0.78 to $80.46. Bitcoin and Ethereum just recovered to $22,455.0 and $1,570.80 respectively.
The stock market closed slightly higher yesterday, with The Dow Jones Industrial Average advancing 40.47 points (+0.12%) to 33,431. The Nasdaq 100 rose 11.67 points (+0.09%) to 12,302, and the S&P 500 added 2.78 points (+0.07%) to 4,048.
EUR/USD increased 46 pips to 1.0678, Eurozone's retail sales in January grew 0.3% on the month, lower than Mitrade's estimate of 1.0%. But GBP/USD fell 19 pips to 1.2021, and AUD/USD dropped 41 pips to 0.6727.
Spot gold slid $9.7 to $1846.72 an ounce, and WTI oil futures gained $0.78 to $80.46. Bitcoin and Ethereum just recovered to $22,455.0 and $1,570.80 respectively.
The stock market closed slightly higher yesterday, with The Dow Jones Industrial Average advancing 40.47 points (+0.12%) to 33,431. The Nasdaq 100 rose 11.67 points (+0.09%) to 12,302, and the S&P 500 added 2.78 points (+0.07%) to 4,048.
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