US Dollar Index Climbs 0.42% As Consumer Confidence Rises To 73 In November, Outpacing Forecasts
In a positive turn for the U.S. economy, the University of Michigan’s Consumer Confidence Index surged to 73 in November,…
Author: Sean Williams
EUR/GBP Hits Lowest Level In Over A Week- Bearish Pressure Builds As RSI Dips To 42
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
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
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
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
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
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
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
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
The Pound Sterling (GBP) has made a notable recovery against the US Dollar (USD), bouncing back to near 1.2935 in…