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US indices close lower on the day | Forexlive
Major US stock indices are closing the day lower. For the trading week the declines today push the indices into negative territory. For the day: Dow industrial average fell -279.13 or -0.63% at 44371.51 S&P index fell -20.71 points or -0.33% at 6259.75. NASDAQ index fell -45.14 points or -0.22% at 20585.53. The small-cap Russell…
Dynamic Pivot MT4 Indicator – ForexMT4Indicators.com
The Dynamic Pivot MT4 Indicator is a powerful tool used by forex traders to automatically calculate pivot points and identify key support and resistance levels. This indicator adjusts dynamically based on the current market conditions, allowing traders to make more informed decisions. Unlike traditional methods, where traders manually compute pivot points, this tool streamlines the…
US consumer confidence slides to 104.7 as future outlook weakens – Action Forex
US Conference Board Consumer Confidence dropped to 104.7 in December, falling short of expectations for 113.2 and down from 112.8 in November. Present Situation Index slipped by -1.2 points to 140.2. The more forward-looking Expectations Index plunged -12.6 points to 81.1, nearing the critical 80 threshold that often signals recession risks. Dana M. Peterson, Chief…
UK government caps student loan interest rates at 6% from September
The interest rate on plan 2 and plan 3 student loans will be capped at 6% from September, ministers have announced, amid concerns that higher inflation will drive repayments up for many graduates. Ministers acted after months of criticism over the loans becoming a “debt trap” that often leave graduates in England and Wales paying…
US Dollar Index Price Forecast: Tests 100.50 support, with nine-day EMA providing backing
The US Dollar Index could retest the 50-day EMA near the 101.78 level. Technical analysis indicates a continued bullish bias, as the index remains within an ascending channel. The DXY is testing its initial support at the nine-day EMA of 100.47. The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD)…
