Impact on the DXY
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Broad indices squeeze higher as sanctions on China are less than feared
Dow has best performance in 7 weeks. Second straight week of gains for the major indices
The major US stocks and see some squeeze higher into the close as sanctions on China are less than feared. The NASDAQ led the way with a gain of 1.29%. The Dow ended lower as investors shifted back to the technology growth stocks.
The major US stocks and see some squeeze higher into the close as sanctions on China are less than feared. The NASDAQ led the way with a gain of 1.29%. The Dow ended lower as investors shifted back to the technology growth stocks.
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ForexLive Americas FX news wrap: Trump goes easy on China
Forex news for North American trade on May 29, 2020:
Markets:
– Gold up $14 to $1732
– WTI crude oil up $1.28 to $35.00
– US 10-year yields down 4.3 bps to 0.65%
The main event of the day was China and Trump’s planned announcement to retaliate for the Hong Kong security law. That kept markets on edge and
Markets:
– Gold up $14 to $1732
– WTI crude oil up $1.28 to $35.00
– US 10-year yields down 4.3 bps to 0.65%
The main event of the day was China and Trump’s planned announcement to retaliate for the Hong Kong security law. That kept markets on edge and
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