Dollar rebounds from multi-month lows’ sterling slumps after soft inflation data

EUR/USD declined from the 1.1750 resistance and traded below 1.1650. USD/JPY is rising and might gain pace above the 149.20 resistance. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro started a fresh decline after a strong surge above the 1.1720 zone. There is a connecting bearish trend line forming with resistance at 1.1660…

On Monday, the Dow Jones (US30) fell by 0.77%, the S&P 500 (US500) was down 0.43%, and the tech-heavy Nasdaq (US100) closed 0.31% lower. The US stocks had a mixed day, with a clear divide between sectors as markets re-evaluated the scale of potential Fed rate cuts and the impact of tariffs on manufacturers. On…

By Katie Paul NEW YORK (Reuters) -Facebook owner Meta said on Monday it was banning RT, Rossiya Segodnya and other Russian state media networks from its platforms, claiming the outlets had used deceptive tactics to carry out covert influence operations online. The ban marks a sharp escalation in actions by the world’s biggest social media…

The declines in the major indices were symmetrically worse going from the Dow, to the S&P to the Nasdaq. Rounding, the Dow fell -1.00%, the S&P fell -1.50%, and the Nasdaq fell by -2.00%. All three indices also closed below its 200 day MA this week. The Dow 200 day MA is at 46562. The…