ForexLive European FX news wrap: Firmer dollar; stocks up awaiting Nvidia earnings ...Middle East

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ForexLive European FX news wrap: Firmer dollar; stocks up awaiting Nvidia earnings

Headlines:

US futures look for a bounce with eyes on Nvidia earningsEUR/USD brushes against another test of 1.0500 againThe technical lines in the sand have shifted in goldGold Technical Analysis – The US stock market selloff weighs on goldGermany March GfK consumer confidence -24.7 vs -21.4 expectedFrance February consumer confidence 93 vs 93 expectedUS MBA mortgage applications w.e. 21 February -1.2% vs -6.6% priorRussia says more talks are being lined up with the USICYMI - White House clarified that tariffs on Mexico & Canada next week still not decided

Markets:

    USD leads, NZD lags on the dayEuropean equities higher; S&P 500 futures up 0.5%US 10-year yields up 0.8 bps to 4.305%Gold down 0.1% to $2,913.03WTI crude down 0.1% to $68.86Bitcoin down 0.4% to $88,345

    Month-end flows are also a consideration, with the aussie and kiwi on the weaker side against the dollar today. In case you missed it: Month-end flows to favour the dollar - Deutsche

    Elsewhere, gold is little changed but still keeping just above $2,900. However, the technical lines appear to have shifted so that's something to take note of in case the selling picks up in the days ahead.

    This article was written by Justin Low at www.forexlive.com.

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