CURRENCIES: US Dollar and Upcoming CPI Report: DXY index rose, influenced by higher U.S. Treasury yields. Market awaits January inflation data; headline CPI expected to slow to 3.1%, core CPI to 3.8%. Higher than expected inflation could boost U.S. dollar …
CURRENCIES: Gold Price Trends and Influences Gold prices have been fluctuating, stuck in a consolidation phase as they await new catalysts. Upcoming U.S. inflation data could significantly influence gold’s price direction in the near term. Impact of Federal Reserve’s Monetary …
CURRENCIES: US Dollar Performance and Outlook The US dollar saw a significant boost following strong economic data and is poised for further movement based on upcoming Federal Reserve speakers’ comments. Despite a slight softening, the dollar had previously surged over …
CURRENCIES: EUR/USD Performance Overview Begins the week with further declines. Has experienced four consecutive weeks of decline. Dollar strength projected to influence trading dynamics persistently. Factors Influencing the Euro New yearly low against the US Dollar due to adjustments in …
2024 Market Landscape Unveiled: Navigating the Global Economic Terrain As we step into 2024, the financial markets beckon with promises and challenges, reflecting the dynamism that defined the preceding year. Let’s embark on a journey with VT Markets through the …
CURRENCIES: Upcoming Markets Overview S&P 500 and Dow Jones reach new peaks Gold’s value decreases U.S. Dollar experiences a rally Federal Reserve’s Recent Decisions Key Financial Updates: U.S. Dollar rises following higher-than-expected Nonfarm Payrolls (NFP) report. Gold prices drop in …
Daily Forex Analysis: 2 Jan 2024 CURRENCIES: Key Points: U.S. nonfarm payrolls report is the focal point for Friday. Weak jobs report expected to be positive for gold prices; strong data could negatively affect gold. The article analyzes the short-term …
Forex Daily Update: 31 Jan 2024 CURRENCIES: Key Points: The consensus suggests no alteration in interest rates. However, the Federal Open Market Committee (FOMC) may modify its guidance, particularly in response to developments in inflation. Traders should brace for increased …
Forex Daily Analysis: 30 Jan 2024 CURRENCIES: Event Overview: Fed’s First Monetary Policy Decision of 2024 Announcement Date: Wednesday, Jan 31, 2024 Potential Market Impact Increased Volatility Expected for Gold Prices, U.S. Dollar, and Stocks Traders Advised to Prepare for …
Forex Daily Market Analysis: 29 Jan 2024 CURRENCIES: Overview: The final week of January is known for its high activity, and this year is no exception. The economic calendar is packed with crucial events, including decisions from the Federal Reserve …
