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Dollar steadies as opposing narratives clash

Markets calm down after a mild dose of risk aversion. Dollar climbs and stocks pull back, though both stabilize on Wednesday. Sterling outperforms ahead of a budget update by Chancellor Sunak today. Gold shines bright, touches 2011 highs amid ‘organic’ demand.Risk Warning: 75.55% 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.c...

Broadcast on:
08 Jul 2020

Markets calm down after a mild dose of risk aversion. Dollar climbs and stocks pull back, though both stabilize on Wednesday. Sterling outperforms ahead of a budget update by Chancellor Sunak today. Gold shines bright, touches 2011 highs amid ‘organic’ demand.

Risk Warning: 75.55% 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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