Forex Daily News: 5 Jan 2024 CURRENCIES: US Dollar’s Revival Dynamics: DXY index reflects the US dollar’s rebound on Wednesday. Day concludes with the dollar retracing from session highs due to Fed minutes causing a pullback in yields. Focus on …
Forex Daily Market Analysis: 3 Jan 2023 CURRENCIES: Key Reports This Week: JOLTs, ADP, and NFP reports released. Focus on understanding the impact of these reports on the market. Fed Chair Powell’s Dovish Stance: Assessing the dovishness of Fed Chair …
Forex Daily Analysis 2 January 2024 Economic data: S&P Global US Services PMI, December, final (48.4 expected, 48.2previously); MBA Mortgage Applications, week ending December 29 CURRENCIES: U.S. Dollar’s Downward Correction Witnessed a significant downward correction in the U.S. dollar due to …
Stocks experienced a renewed downward trend on Tuesday, triggered by a credit rating downgrade of the banking sector from Moody’s in the midst of an August selloff. The Dow Jones Industrial Average closed with a loss of 158.64 points, or …
