Stocks Weighed Down By Fed Powell, Yen and Dollar Back in Control
Close-up of a businessman's hand analyzing graph on laptop at workplace
Yen and Dollar are back in control today as Asian markets turned red, following weakness in the US overnight. Fed Chair Jerome Powell’s comments somewhat disappointed investors. Australian Dollar weakens in general after data showed record contraction in employment. Though, Sterling is the worst one as it stays pressured after yesterday’s downside breakout. Technically, GBP/USD’s […]
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