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On Wednesday all focus of the market was on the Fed’s policy decision, where the Fed was expected to hold the rate with a confirmation of QT tapering and an indication of rate cuts...
After hitting new multi month highs against most major currencies, the dollar posted a moderate decline on Wednesday, with the dollar index (USDX) ending the session 0.64% lower. T...
On Tuesday, Wall Street Futures extended Friday gains by around +0.5% amid selected mega techs rally and mixed core PCE inflation report; Tesla also helped amid Chinese regulatory ...
The dollar posted a moderate decline against most majors on Monday, with the dollar index (USDX) ending the session 0.3% lower. The long-awaited March FOMC meeting is now in focus ...
A resistance level is an area where rising prices are likely to slow down, at least temporarily. The basis to believe in this is that, several times in the past, bullish price runs...
The dollar posted a moderate decline against most majors in the past week, with the dollar index closing the weekly chart around 0.1% lower. The long-awaited U.S. PCE price index d...
On Friday, India 50/Nifty Future (CFD) recovered from around 22530 to 22638 in line with Wall Street Futures on mixed US core PCE inflation report and upbeat/mixed earnings by big ...
Wall Street Futures, Gold wobbled Thursday on hotter than expected US core PCE price index for consumption expenditure component in the GDP data, which may be indicating underlying...
On Tuesday, Wall Street Futures surged on hopes of an early Fed pivot after softer-than-expected US Composite PMI data for April and hopes & hypes of an upbeat earnings report card...
The U.S. dollar fell on Thursday with the U.S. Dollar index (USDX) ending the session 0.21% lower after data showed unexpected slowing in economic growth and an unwelcome inflation...
On Wednesday (10th April) some market focus was on the Bank of Canada (BOC) policy decision. As unanimously expected, BOC kept all three policy rates on hold; i.e. target for the o...
The dollar posted moderate gains against most major currencies on Wednesday, with the USDX ending the session 0.12% higher. According to reports, the dollar is expected to remain s...
Wall Street closed mixed last Friday as the recovery from the Iran-Israel duet panic low was not sustainable for NQ-100 and also SPX-500 due to the slide in techs amid subdued guid...
The dollar posted moderate losses on Tuesday against most major currencies, with the USDX ending the session 0.40% lower. The dollar experienced big tumbles against the euro and st...
On Thursday (11th April), some focus of the market was on the ECB’s monetary policy decision. As unanimously expected, on Thursday ECB held all key policy rates for the 5th consecu...
The dollar gained against most major currencies on Monday, touching a 34-week high against the yen, while the USDX is trading at levels last seen in October 2023 on the iFOREX plat...
Various news releases are known to move currency pairs in the forex market, and this makes them subject to traders’ anticipation and scrutiny. After all, if traders had good reason...
The dollar posted little change against most major currencies last week, with the dollar index (USDX) closing the weekly chart with a moderate increase of 0.17% and closing in on l...
Wall Street was already under pressure on fading hopes of an early Fed pivot amid hawkish Fed talks coupled with an escalating war of words between Israel and Iran after a war of f...
Wall Street is under stress on fading hopes of an early Fed pivot amid hawkish Fed talks & also Beige Book coupled with an escalating war of words between Israel and Iran after a w...
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