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IC Markets Blog
What happened in the US session? Fed Chair Powell did not speak much on US macro subjects during the online event. Separately, Fed’s Kashkari favours
DXY: Looking at the Weekly chart price may bearish towards the weekly support at 91.8 in line with 38.2% Fibonacci retracement and 38.2% Fibonacci extension.
Global Markets: Asian Stock Markets : Nikkei down 0.36%, Shanghai Composite down 2.00%, Hang Seng down 1.92%, ASX down 0.94% Commodities : Gold at $1795.35
What happened across the Asia session? New Zealand has reported a COVID-19 case in Auckland, a first since February 2021. Prime Minister Ardern is likely
DXY: Looking at the Weekly chart price may bullish towards the weekly resistance at 93.437 in line with 78.6% Fibonacci extension. On the other hand,