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Author: Sean Williams

US Dollar Index Climbs 0.42% As Consumer Confidence Rises To 73 In November, Outpacing Forecasts
FinanceNews

US Dollar Index Climbs 0.42% As Consumer Confidence Rises To 73 In November, Outpacing Forecasts

Sean WilliamsNovember 9, 2024November 9, 2024

In a positive turn for the U.S. economy, the University of Michigan’s Consumer Confidence Index surged to 73 in November,…

EUR/GBP Hits Lowest Level In Over A Week- Bearish Pressure Builds As RSI Dips To 42
FinanceNews

EUR/GBP Hits Lowest Level In Over A Week- Bearish Pressure Builds As RSI Dips To 42

Sean WilliamsNovember 9, 2024November 9, 2024

The EUR/GBP pair is currently on a four-day losing streak, hitting its lowest levels in over a week, as bearish…

Mexican Peso Falls 1.85% Against USD As Trump’s Tariff Threats Weigh, Banxico Expected To Cut Rates By 25bps
FinanceNews

Mexican Peso Falls 1.85% Against USD As Trump’s Tariff Threats Weigh, Banxico Expected To Cut Rates By 25bps

Sean WilliamsNovember 9, 2024November 9, 2024

The Mexican Peso (MXN) continued its downward spiral on Friday, plunging by 1.85% against the US Dollar (USD), as markets…

Silver Price Dips 2.29% Below $31.50 Amid Dollar Rally- Key Support At $30.84 In Focus For Traders
FinanceNews

Silver Price Dips 2.29% Below $31.50 Amid Dollar Rally- Key Support At $30.84 In Focus For Traders

Sean WilliamsNovember 9, 2024November 9, 2024

Silver prices slipped below the crucial $31.50 mark on Friday as the U.S. dollar strengthened, following former President Donald Trump’s…

Gold Prices Tumble 0.67% Amid US Dollar Surge, Investors Eye Inflation Data
FinanceNews

Gold Prices Tumble 0.67% Amid US Dollar Surge, Investors Eye Inflation Data

Sean WilliamsNovember 9, 2024November 9, 2024

Gold prices experienced a significant decline on Friday as the US Dollar staged a recovery despite falling Treasury yields. The…

Canadian Dollar Drops 0.4% As October Jobs Growth Misses Forecast And Wages Rise 4.9% – Inflation Pressures Persist For BoC
FinanceNews

Canadian Dollar Drops 0.4% As October Jobs Growth Misses Forecast And Wages Rise 4.9% – Inflation Pressures Persist For BoC

Sean WilliamsNovember 9, 2024November 9, 2024

The Canadian Dollar (CAD) slumped 0.4% against the U.S. Dollar (USD) on Friday after Canada’s October employment report fell short…

USD Price Outlook- DXY To Consolidate Between 104.50-105.50 Amid 93% Chance Of Republican Clean Sweep And Fed’s 25bps Rate Cut
FinanceNews

USD Price Outlook- DXY To Consolidate Between 104.50-105.50 Amid 93% Chance Of Republican Clean Sweep And Fed’s 25bps Rate Cut

Sean WilliamsNovember 7, 2024November 7, 2024

The US Dollar (USD) has maintained strong momentum, driven by the potential for a Republican clean sweep in the upcoming…

NZD/USD Price Forecast- Breaks Above 0.6000, Testing Key Resistance Levels Amid Bearish RSI Below 50
FinanceNews

NZD/USD Price Forecast- Breaks Above 0.6000, Testing Key Resistance Levels Amid Bearish RSI Below 50

Sean WilliamsNovember 7, 2024November 7, 2024

The NZD/USD pair has recently made an upward move, recovering from losses and trading around 0.5990 in early European trading…

WTI Oil Price Breaks Below $71.50- Key Support Levels At $70.62 And $70.72 Could Determine Next Move
FinanceNews

WTI Oil Price Breaks Below $71.50- Key Support Levels At $70.62 And $70.72 Could Determine Next Move

Sean WilliamsNovember 7, 2024November 7, 2024

West Texas Intermediate (WTI) oil prices have been under pressure, extending their losses for the second consecutive session. As of…

Pound Sterling Rebounds To 1.2935 After Hitting 11-Week Low, As Investors Await Fed And BoE’s 25 Basis Point Rate Cuts
FinanceNews

Pound Sterling Rebounds To 1.2935 After Hitting 11-Week Low, As Investors Await Fed And BoE’s 25 Basis Point Rate Cuts

Sean WilliamsNovember 7, 2024November 7, 2024

The Pound Sterling (GBP) has made a notable recovery against the US Dollar (USD), bouncing back to near 1.2935 in…

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FXRift News

Dig Deeper, Invest Smarter

Recent Posts

  • Breaking: JPMorgan Explores Bitcoin, Ethereum-backed Loans in Jamie Dimon’s 180-degree Shift
  • XRP Ledger (XRPL) Sees 2,260% Surge in Tokenized RWAs, Driven by Growing Institutional Demand
  • BitOrigin Begins $500M Dogecoin Treasury With 40.5M Buy, Analysts Predict Fresh Bull Cycle
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