In the US market on Monday (June 7), the U.S. dollar index fell slightly, trading below the 90 mark; spot gold continued its upward trend, approaching the $1,900 mark, and gold futures have broken through this mark; the three major U.S. stocks The stock indexes were mixed, the S&P 500 and the Dow Jones index fell, and the Nasdaq index thrived. During the day, former US President Trump criticized Bitcoin as a scam against the U.S. dollar and required regulators to strictly supervise it. Bitcoin fell upon hearing the news. Right now, the market’s eyes are turning to the European Central Bank and the Federal Reserve’s interest rate decision and the US inflation data scheduled for later this week.
The U.S. dollar fell slightly on Monday as investors focused on European and U.S. central bank meetings and the inflation data scheduled to be released by the U.S. this week.
The US employment data released last Friday put pressure on the US dollar as investors bet that employment growth is not strong enough to boost the Fed’s expectations of tightening monetary policy.
There was little change in major currency pairs, and the Standard & Poor’s 500 Index fell slightly on Monday without US economic data to help guide its direction.
The dollar index fell 0.1%, and the euro/dollar rose slightly to 1.2177.
Trump’s words triggered Bitcoin diving! Gold’s short-term soaring rage breaks 1900 and bulls wait for the three major tests to strike
Post time: Jun-08-2021