U.S. Dollar Recap 2024 – Part 2: How Data & the Fed Shaped Dollar’s Dip
Let’s continue our recap of the year for the U.S. dollar by breaking down the downtrend we saw in the Greenback between April and September.
Let’s continue our recap of the year for the U.S. dollar by breaking down the downtrend we saw in the Greenback between April and September.
Pro-growth currencies have struggled recently, but the upcoming economic data and central bank meetings are expected to curb further gains in the USD, UBS noted while providing insights into recent currency market movements. The remark from UBS came after US Dollar (DXY index) rebounded after failing to break the 100 mark. The analysts observed that…
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Australia will be printing its quarterly CPI soon, and lackluster results could keep the RBA on track to cut rates soon. In our Event Guide for Australia’s Q4 2024 CPI Report, we noted that underlying price pressures and the central bank’s core inflation measure could determine the Aussie’s direction after the release. …
🪤 The “Almost Right” Trap — When Being Close Feels Worse Than Being Wrong 🎯 The Lesson You analyze the market.You pick the right direction.Price moves exactly as you expected…but without you. You entered too early.Or exited too soon.Or hesitated for a few seconds. And somehow, this feels worse than a normal losing trade.That’s the…
Nvidia shares only ↑1% year-to-date, 10% away from ATH Hyperscale spending and fiscal Q1 2027 guidance in focus Shares could move 5.7% ↑ or ↓ post earnings Analysts remain bullish with 12M target price at $258 Technical levels – $210, $195, 200-day SMA As the most valuable company in the world, Nvidia’s earnings carry widespread…
How the U.S. Economy Performed During Trump 1.0 and Biden’s Four Years February 11, 2025 Voter opinion poll responses during last year’s presidential election repeatedly listed the “economy” at or near the top of people’s priorities. What they really meant by economy was inflation, but there are several other parameters that comprise a country’s economic…