In the fast-paced world of trading, staying vigilant and well-informed is paramount for success. The upcoming week is filled with crucial economic events that traders should closely monitor to navigate the markets effectively. From employment figures in the UK to …
FX Daily Analysis: 12 Jan 2024 CURRENCIES: The US Dollar gains strength in response to higher-than-expected US inflation data and a decrease in unemployment claims. Despite inflation exceeding the target and a robust labor market, the Federal Reserve may hesitate …
On Thursday, major stock indices experienced a subdued performance with the Nasdaq Composite settling at 14,970.19, the Dow Jones Industrial Average gaining 0.04%, and the S&P 500 dipping 0.07%. The release of December’s consumer price index (CPI) report, revealing a …
Daily Forex Analysis: 11 Jan 2024 CURRENCIES: Key Points: The December U.S. inflation report, releasing on Thursday, will be a focal point for markets. While core CPI is expected to moderate on a year-over-year basis, the headline gauge is predicted …
In a bullish session, stocks closed higher with the S&P 500, Dow Jones, and Nasdaq posting gains fueled by positive earnings reports, particularly from Intuitive Surgical and Lennar. Investor attention is now focused on the eagerly awaited consumer price index …
Analyzing USD Stability and Stock Market Trends CURRENCIES: Stagnant US Dollar: The US dollar remains relatively unchanged in today’s opening trade, leading to a state of uncertainty for USD pairs. Consolidation Phase: The US dollar index is currently consolidating its recent upward …
Tuesday witnessed a rollercoaster ride in the stock market as the S&P 500 and Dow Jones ended with declines while the Nasdaq managed a slight gain, primarily propelled by tech stocks’ resurgence. Despite the market’s recovery, with notable companies like …
Daily Forex Analysis: 9 Jan 2024 CURRENCIES: Gold Price Forecast Overview: Gold prices displayed a downward trend in early 2024 after a robust performance in late 2023. Traders are cautious about entering new bullish positions, seeking more clarity on the …
The stock market rallied strongly, particularly in the tech sector, with the S&P 500 rising by 1.41% and the Nasdaq Composite surging 2.2%, rebounding from a challenging prior week. Notable tech giants like Nvidia, Amazon, Alphabet, and Apple experienced gains, …
FX Daily Analysis: 8 January 2024 CURRENCIES: Market Q1 Outlook: Gold, Stocks, EUR/USD, GBP/USD & USD/JPY monitoring Fed and US Yields Gold and U.S. equities experienced moderate losses in the first trading week of 2024 Pressured by a significant rally …
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