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…
Category: News
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…
Silver Price Holds Steady at $31.18, Up 31.02% In 2024 Amid Stable Market Conditions
Silver prices remain largely unchanged on Thursday, with XAG/USD trading at $31.18 per troy ounce, marking a slight 0.07% dip…
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…
Silver Price Forecast- XAG/USD Bears Control As Price Breaks Below $31, Eyes $30.35 Support And $29.70 Target
Silver (XAG/USD) is currently under pressure, with bears maintaining control as the price trades below critical support levels. For the…
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…
Bank OfEngland Set To Cut Interest Rates By 25bps As UK Inflation Eases To 1.7%, Weighing On GBP/USD
The Bank of England (BoE) is poised to cut its policy interest rate by 25 basis points at its upcoming…