fxstreet.com 23 Feb, 2021 06:45 am

Japan off adds to sluggish move ahead of Powell speech

Asian shares struggle to magnify market optimism as a lack of major catalysts, amid Japan’s holiday, during the early Tuesday. Also restricting the ma

33% intraday gains by press time.It’s worth mentioning that S&P 500 Futures snap five-day losses to print mild gains while WTI and Gold stay strong by press time.Further, the US dollar index (DXY) wavers around a six-week low by press time.Read: S&P 500 Futures snap five-day downtrend ahead of Powell speech Moving on, the UK’s employment report for January may entertain short-term traders but sluggish moves are likely to extend ahead of Powell’s testimony.

Read: Dollar outlook: How will surging treasury yields affect Powell’s testimony Information on these pages contains forward-looking statements that involve risks and uncertainties.FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

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