Australia expected not to raise rates again
Later today, the Reserve Bank of Australia will announce its interest rate decision. As the market expected yet another no-change decision, AUD/USD surged 100 pips to 0.6785. EUR/USD advanced 56 pips to 1.0895, and GBP/USD increased 78 pips to 1.2411.
The US JOLTs Job Openings will also be available tonight, with Mitrade anticipating job supply falling to 10.4 million in February. USD/CAD fell 80 pips to 1.3435, and USD/JPY dropped 31 pips to 132.41.
Spot gold briefly crossed the $2,000 level and closed $15 higher at $1,984.56 an ounce. WTI crude futures added $4.75 to $80.42 a barrel. Bitcoin and Ethereum are trading higher at $27,744.0 and $1,806.26 respectively.
The Dow Jones Industrial Average climbed 327 points to 33,601, and the S&P 500 edged up 15 points to 4,124, though the Nasdaq 100 slipped 33 points to close at 13,148.
The US JOLTs Job Openings will also be available tonight, with Mitrade anticipating job supply falling to 10.4 million in February. USD/CAD fell 80 pips to 1.3435, and USD/JPY dropped 31 pips to 132.41.
Spot gold briefly crossed the $2,000 level and closed $15 higher at $1,984.56 an ounce. WTI crude futures added $4.75 to $80.42 a barrel. Bitcoin and Ethereum are trading higher at $27,744.0 and $1,806.26 respectively.
The Dow Jones Industrial Average climbed 327 points to 33,601, and the S&P 500 edged up 15 points to 4,124, though the Nasdaq 100 slipped 33 points to close at 13,148.
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