AUD strengthens ahead of the rate decision
On Tuesday, the Reserve Bank of Australia is expected to raise the interest rate by 25 basis points to 3.6%. Mitrade estimates Australia's retail sales in February to grow by 1.9%. Meanwhile, AUD/USD increased 39 pips to 0.6768.
EUR/USD added 36 pips to 1.0632, and GBP/USD surged 99 pips to 1.2040. USD/CAD slid 3 pips to 1.3593, and USD/JPY fell 90 pips to 135.86.
Spot gold rose over $20 to $1,856.43 an ounce, and WTI oil futures edged up $1.52 to $79.68 a barrel. Bitcoin and Ethereum are currently trading lower at $22,342.0 and $1,560.78 respectively.
The Nasdaq 100 jumped 245 points (+2.04%) to 12,290. The S&P 500 gained 64 points (+1.61%) to 4,045. The Dow Jones Industrial Average surged 387 points (+1.17%) to 33,390.
EUR/USD added 36 pips to 1.0632, and GBP/USD surged 99 pips to 1.2040. USD/CAD slid 3 pips to 1.3593, and USD/JPY fell 90 pips to 135.86.
Spot gold rose over $20 to $1,856.43 an ounce, and WTI oil futures edged up $1.52 to $79.68 a barrel. Bitcoin and Ethereum are currently trading lower at $22,342.0 and $1,560.78 respectively.
The Nasdaq 100 jumped 245 points (+2.04%) to 12,290. The S&P 500 gained 64 points (+1.61%) to 4,045. The Dow Jones Industrial Average surged 387 points (+1.17%) to 33,390.
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