Here is what you need to know on Thursday, February 6th: Upbeat US data continued to support the dollar. The ADP survey showed that the US private sector added 291K in January, almost doubling expectations. The ISM Non-Manufacturing PMI beat with 55.5. European data was mixed with upward revisions to Services PMI and Composite PMI, but disappointing Retail Sales. The EUR/USD fell sub-1.1000. GBP/USD trapped between encouraging UK data and mounting no-deal concerns. Dollar’s strength weighed more at the end of the day, with the pair settling below 1.3000. Wall Street continued its substantial advance, with the three major indexes nearing record highs. US Treasury yields extended their recovery. Coronavirus keeps spreading. Market talks about possible progress toward a vaccine fueled European indexes. The news was later denied by WHO Tedros, but equities retained their strength. As suspected, Russia is against additional output cuts. Crude oil prices retreated from daily highs, but hold on to modest gains. Gold prices spent the day in consolidative mode, with spot gold at around $1,550. Crypto Today: Bitcoin breaks down big barrier at $9500 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next WTI bulls capped in risk-on recovery as OPEC uncertainty prevails FX Street 2 years Here is what you need to know on Thursday, February 6th: Upbeat US data continued to support the dollar. The ADP survey showed that the US private sector added 291K in January, almost doubling expectations. The ISM Non-Manufacturing PMI beat with 55.5. European data was mixed with upward revisions to Services PMI and Composite PMI, but disappointing Retail Sales. The EUR/USD fell sub-1.1000. GBP/USD trapped between encouraging UK data and mounting no-deal concerns. Dollar’s strength weighed more at the end of the day, with the pair settling below 1.3000. Wall Street continued its substantial advance, with the three major indexes… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
