US stocks were little changed on Wednesday amid rising bond yields and a set of corporate earnings.
The Dow was down 0.23%, the Nasdaq Composite climbed 0.03% while the S&P500 closed 0.01% lower. Netflix shares lost 3.2% after the streaming company disappointed investors by delaying plans for password sharing crackdown.
On the other side, Gold fell sharply in early European trading reaching a low of $1970 per ounce before bouncing back on the back of a stronger Dollar. In the meantime, Oil prices retreated following the crude oil inventories release, ending the day below $79 per barrel.
In the US, traders await a few economic releases with existing home sales expected to have declined in March from 4.58M down to 4.50M, on the opposite, initial jobless claims are due to rise from 239K up to 240K.
Below, we will be analyzing the latest price action developments in the major currency pairs alongside gold.