Bring back the shine

Bring back the shine

Dollar down as rate-hike bets elsewhere fuel dash to cover FX shorts

  • #XAUUSD prices inched up as a decline in the dollar and U.S. bond yields provided some support to the precious metal
  • $DXY retreated to a three-week low, hit by a proliferation in rate-hike bets in other markets and by improved sentiment that lifted equities and risk-sensitive currencies such as the Australian dollar
  • #Facebook has launched its digital wallet for #cryptocurrencies, called #Novi, in most of the United States and one Central American nation
  • #BTCUSD exploded 2.5% in the last session
  • #WTIUSD gained 0.7% in the last session


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