Forex Today: Post-Fed USD selloff continues as focus shifts to BOE – by eren_fxstreet Currencies Majors Macroeconomics CentralBanks Commodities
stretched higher in the Asian session on Thursday and reached its highest level in nearly eight weeks above 1.0920.came under renewed bearish pressure after the Fed event and broke below 131.00. In the early European session, the pair stays on the back foot and trades in negative territory at around 130.70.price capitalized on plummeting US yields and gained more than 1% on Wednesday. XAU/USD preserves its bullish momentum and trades higher on the day near $1,980.
Bitcoin turned south late Wednesday and lost more than 3%. BTC/USD, however, found its footing early Thursday and started to climb toward $28,000. After having lost nearly 4% on Wednesday,Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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