US Dollar Strengthens By 1.25% Amid Positive Consumer Sentiment Data And Fed’s 25bps Rate Cut, DXY Targets 105.50 Resistance
The US Dollar strengthened as the week drew to a close, buoyed by a combination of positive economic data and…
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Australian Dollar Drops 1.25% To 0.6600 Amid U.S. Dollar Strength And Fed’s Neutral Stance, Key Technical Levels In Focus
The Australian Dollar (AUD) took a hit this week, with the AUD/USD pair falling 1.25% to 0.6600 on Friday, weighed…
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…
NZD/JPY Plunges 1.20%- Bearish Momentum Accelerates, 91.00 Support Broken
The NZD/JPY currency pair experienced a significant decline on Friday, breaking below a crucial support level and signaling a potential…
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…
Dow Jones Hits Record 44,000 Mark As Consumer Sentiment Surges To 73.0, Boosting Market Optimism By Nearly 5% In One Week
The Dow Jones Industrial Average (DJIA) surged to a historic high on Friday, surpassing 44,000 points as stocks wrapped up…
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…
NZD/USD Falls 1.05% After Fourth Rejection From 20-Day SMA – Bearish Trend Looms As RSI Hits 40
In a challenging week for the NZD/USD pair, the currency pair has been persistently rebuffed by the 20-day Simple Moving…
EUR/USD Surges Above 1.0900 Amid Weaker US Dollar, Pre-Election Volatility And ECB Rate Cut Expectations For December
The EUR/USD pair is seeing a resurgence today, bouncing back after a volatile Friday, with the release of the latest…
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…