Forex Today: Fears continue to boost the US Dollar – by ValBednarik EURUSD Gold CryptoCurrencies Fed Inflation
US Dollar reached fresh weekly peaks against most major rivals, giving back some ground ahead of the Wall Street close as US indexes bounced from their early lows. The catalyst came from theup 6% YoY in January, down from 6.5% in December, but above the 5.4% forecast.
AUD/USD battles to regain the 0.6900 threshold after falling to a fresh monthly low on the back of soft Australian employment data and the sour tone of equities.XAU/USD fell to $1,827.58 a troy ounce, its lowest since early January. It currently hovers at around $1,842, helped by receding
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