Similar Posts
Dow Jones reaches the 50,000 milestone!
BySilas WWe are in unprecedented times to say the least! With all the fears and uncertainty around Markets, particularly with what we have seen in recent weeks, investors are running back to traditionals and defensive as this week’s Stock rotation pursued. The Dow Jones officially reached 50,000 just about an hour ago and bulls are battling…
Chart Art: USD/JPY’s Trend Support After Friday’s Selloff
BySilas WPlanning to trade the U.S. dollar this week? USD/JPY is struggling to extend its recent drop after tagging some key inflection points. Think we’re looking at a decent area to buy into USD/JPY’s month-long uptrend? USD/JPY 4-hour Forex Chart by TradingView The dollar took a hit late last week after sharp downward revisions to May…
The dollar index could continue to pull back this week
BySilas WAfter the dollar index’s support at the 100.60 level, we managed to see a recovery only up to the 100.90 level Dollar index chart analysis After the dollar index’s support at the 100.60 level, we managed to see a recovery only up to the 100.90 level. There, the index encountered new resistance and started…
USD/JPY Daily Outlook: US Retail Sales and Consumer Sentiment in Focus – ForexNews.PRO
BySilas WLater in the session on Friday, retail sales and consumer sentiment figures will influence demand for the US dollar. Economists forecast retail sales to rise 0.5% month-on-month in July, following June’s 0.6% increase. Meanwhile, economists expect the Michigan Consumer Sentiment Index to rise from 61.7 in July to 62 in August. Higher retail sales and…
Global Market Weekly Recap: December 2 – 6, 2024
BySilas WInvestors had plenty to work with throughout the week, as financial markets reacted to geopolitical developments and priced in expectations for the highly-anticipated OPEC+ decision and the U.S. NFP report. Source link
EUR/USD ends week near 1.1640, posts 0.7% loss as Dollar dominates | FXStreet
BySilas WEUR/USD prolonged its agony throughout the week, poising to print losses of 0.70%, as it fell 0.20% on Friday, despite the release of mixed economic data in the US. In the European Union, Retail Sales exceeded forecasts, but traders’ focus remains around the dynamics of the US and the Dollar. The pair trades at 1.1636…

