🎙️ Daily Market Brief – February 23rd

Welcome to today’s market update! Let’s break down the key events shaping the markets.

• German Federal Elections Underway – Political uncertainty could bring volatility to the euro (EUR) as markets await results.
• New Zealand Retail Sales Surprise to the Upside – Retail sales rose 0.9% and core retail sales jumped 1.4%, signaling strong consumer spending and lifting the New Zealand dollar (NZD).
• Japanese Markets Closed – A bank holiday in Japan means lower liquidity in Asian trading hours.

With uncertainty in the eurozone, the dollar (DXY) may see support as a safe-haven play. However, better-than-expected New Zealand data could pressure the greenback against the NZD.

• Bitcoin (BTC):$50,320 (+1.2%)
• Gold:$2,045/oz (+0.3%)
• Silver:$23.90/oz (+0.5%)

That’s your quick market recap! Stay tuned for more updates, and happy trading! 🎧📊

Impact on the U.S. Dollar (DXY)Market Prices