What you need to know on Tuesday, February 2: The American dollar appreciated sharply against most major rivals, with European currencies being the worst performers. The EUR/USD pair trades near a daily low of 1.2062 heading into the Asian session, despite upwardly revised Markit PMIs, and a worse than anticipated US ISM Manufacturing index. The Sterling pound also edged lower against the greenback, trading not far above the 1.3655 daily low. Commodity-linked currencies were under mild-pressure. AUD/USD finished the day little changed in the 0.7630 price zone, trapped between greenback’s demand and firmer bright metal prices. The USD/JPY pair kept advancing, reaching 105.03. Global equities closed in the green, despite not so optimistic news. Concerns gyrated around news indicating that a group of US Republican senators have called for President Joe Biden to scale down his $1.9 billion stimulus plan, and reportedly floated a $600 billion alternative to garner bipartisan support. Silver soared over 11%, hitting a daily high of 30.09 to later settle at $28.80 an ounce. Gold benefited from retail investors’ demand, ending the day around $1,860 a troy ounce. Crude oil prices surged during the American afternoon, CCIV stock price and news: Churchill Capital Corp IV corrects and scores a potentially Reddit induced session high Cryptocurrencies Price Prediction: Litecoin, Polkadot & Yearn.Finance – American Wrap 1 February 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 SNB’s Jordan: FX interventions are very important FX Street 1 year What you need to know on Tuesday, February 2: The American dollar appreciated sharply against most major rivals, with European currencies being the worst performers. The EUR/USD pair trades near a daily low of 1.2062 heading into the Asian session, despite upwardly revised Markit PMIs, and a worse than anticipated US ISM Manufacturing index. The Sterling pound also edged lower against the greenback, trading not far above the 1.3655 daily low. Commodity-linked currencies were under mild-pressure. AUD/USD finished the day little changed in the 0.7630 price zone, trapped between greenback’s demand and firmer bright metal prices. The USD/JPY pair kept… 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.
