Day: July 22, 2021

Cheerful mood depresses dollar, ECB could weigh on the euro, Musk lifts Bitcoin

The market mood remains cheerful, allowing the dollar to retreat, while higher yields weigh on gold. The euro is lagging as tensions rise towards the potentially dovish ECB decision. Bitcoin receives a boost from cheerleaders and markets eye covid headlines. Risk-on: US stock markets advanced for a second consecutive day, reversing Monday’s sell-off. Investors are …

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