USD Index DXY Drops Over 15 Points Shortly After US ADP Employment Figures Released
After the release of the US ADP employment numbers, the US Dollar Index (DXY) fell over 15 points in the short term, currently reported at 99.1. Spot gold rose by 6 dollars in the short term, currently reported at 3353 dollars per ounce. Nasdaq 100 futures erased earlier gains and are now flat.
BTC showed little short-term fluctuation, currently reported at 105,000 dollars.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Libya Hamada and Al-Taharah oil fields resume production
No rate hike in October, another move in December? Fed's "slow rate hike" path against inflation emerges, all eyes on Waller's speech next week
The Federal Reserve is set to announce its latest interest rate decision next Wednesday. The market generally expects the central bank to keep the federal funds rate unchanged, which would signal its patience in combating inflation.
Crypto prices
More
