The US dollar maintained its biological bias at the beginning of the new trading week, as investors remained concerned about the possibility of a global trade war before the main Chief Powell certificate.
Here is what you need to know on Tuesday, February 11:
The US dollar index (DXY) extended his recovery north of 108.00 obstacles amid tariff concerns and despite the declining bias in the yield of the United States. The Certificate of President Powell has the full attention of the NFIB Business Optivism index and the sermons by Fed’s Hammack, Bowman and Williams.
EUR/USD extended its legs less and reconsidered the sub -region -1.0300 on the back of additional threats about the American tariff and the strongest Greenback. Shenabeh is scheduled to speak from the European Central Bank.
GBP/USD was traded with a declining bias and was re -paved in its lowest level in our right days near 1.2360. BRC sales sales will be released before MANN and Bailey’s Bae letters.
USD/JPY regained some additional traction on Monday, restoring the area over the 152.00 barrier after its lowest level on Friday.
Reverse AUD/USD in consecutive daily withdrawal and continued to re -target the main resistance area about 0.6300. Westpac’s consumer confidence will be published by NAB business confidence scale.
WTI prices added to the decline on Friday and exceeded a mark of $ 72.00 a barrel despite the strong dollar and threats with more customs tariffs.
Gold prices reached their climax at all in the post -$ 2900 for each ounce because the implementation of more customs tariffs can provoke a global trade war. Silver prices followed their example and regained the area exceeding $ 32.00 an ounce.
