Dollar slips from recent highs; trade news losing impact
Dollar slips from recent highs; trade news losing impact
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Market in Review 5/24/2024 – Concept Trading
MARKET REPORT – Lyon Stock Exchange. The oldest French exchange is in Lyon, not Paris. Est 1540 – US UoM revised up from prelim– US Durable Goods Rise +0.7% vs Exp -0.8%– US Fed’s Waller has not changed his view that the neutral rate is relatively low – The odds for an ease in December…
Investors expect inflationary pressures to ease in the US. The People’s Bank of China launched a mechanism to support the stock market
At the end of Wednesday, the Dow Jones Index (US30) rose by 1.03%, while the S&P 500 Index (US500) gained 0.71%. The NASDAQ Technology Index (US100) closed yesterday positive 0.60%. Positive comments from Fed Vice Chairman Jefferson are helping stocks rise as he said the US economy is growing at a “robust pace”. Stocks also…
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Currency Speculators cut US Dollar Index bets despite rising price
By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday November 12th and shows a quick view of how large market participants (for-profit speculators and commercial traders) were positioned in the futures markets….
