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Dollar surges, stocks sink after Powell lets yields run loose

Powell gives no hints about possible action to stem selloff in Treasuries. Dollar soars to 3-month high, shares on Wall Street tank for third straight day. OPEC+ extends output cuts in surprise move, oil scales early 2020 highs.Risk Warning: 78.04% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is c...

Broadcast on:
05 Mar 2021

Powell gives no hints about possible action to stem selloff in Treasuries. Dollar soars to 3-month high, shares on Wall Street tank for third straight day. OPEC+ extends output cuts in surprise move, oil scales early 2020 highs.

Risk Warning: 78.04% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en

Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning

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