Euro broke parity yet again against the greenback
EUR/USD 🔽
GBP/USD 🔽
AUD/USD ▶️
USD/CAD 🔼
XAU 🔽
WTI ▶️
The strong run from the US dollar has sent the Euro below parity once again, after a sharp drop to 0.9941. Russia also announced another natural gas supply cut in the coming weeks, aggravating the European energy woes. Later tonight, the Purchasing Managers Index for the Eurozone, Germany, and the UK will be available to update the situation in the manufacturing sector.
Although the Iranian nuclear deal is yet to be finalized, Saudi Arabia already warned to reduce oil production in the face of falling prices and a possible increase in supply. As a result, WTI oil futures recovered from a low of $86.44 a barrel, then closed at $90.36 at the same level.
Greenback's dominance has overshadowed its peers, GBP/USD declined to 1.1765, and USD/CAD rose above the 1.3000 level to 1.3057. Meanwhile, the AUD/USD experienced minor oscillations but mostly traded flat at 0.6875.
Gold prices remained under fire, losing over $15 to 1,748.4 an ounce.
More information on Mitrade website.
GBP/USD 🔽
AUD/USD ▶️
USD/CAD 🔼
XAU 🔽
WTI ▶️
The strong run from the US dollar has sent the Euro below parity once again, after a sharp drop to 0.9941. Russia also announced another natural gas supply cut in the coming weeks, aggravating the European energy woes. Later tonight, the Purchasing Managers Index for the Eurozone, Germany, and the UK will be available to update the situation in the manufacturing sector.
Although the Iranian nuclear deal is yet to be finalized, Saudi Arabia already warned to reduce oil production in the face of falling prices and a possible increase in supply. As a result, WTI oil futures recovered from a low of $86.44 a barrel, then closed at $90.36 at the same level.
Greenback's dominance has overshadowed its peers, GBP/USD declined to 1.1765, and USD/CAD rose above the 1.3000 level to 1.3057. Meanwhile, the AUD/USD experienced minor oscillations but mostly traded flat at 0.6875.
Gold prices remained under fire, losing over $15 to 1,748.4 an ounce.
More information on Mitrade website.