Bitcoin decline has all eyes on cryptocurrencies; With tech stocks under pressure, investors turn to value; USD strength remains a key theme
USD regains ground on April inflation figures to outperform low-yielding currencies; EUR/USD meets strong resistance; Gold looks increasingly attractive
Tech stocks hit hard as equity markets feel intensifying inflation fears; GBP/JPY marches higher; Sharp price increase has coffee struggling for momentum
Weaker than expected NFP print puts USD under renewed pressure; Gold extends gains to hit a recent high as commodities steal the show; GER30 stages recovery
Most currency pairs are consolidating ahead of today´s NFP release, with the event likely to determine the short-term direction of the US Dollar.
Investors have high hopes for this week´s NFP report, with an unprecedented stimulus and vaccination success paving the way for further US economic growth