Forex Market Overview
Thu, Apr 25th, 2024
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Dollar Gives Up Early Gains on Stagflation Concerns
Barchart - 20 minutes ago
The dollar index (DXY00 ) Thursday fell to a 1-1/2 week low and finished down by -0.28%. Stagflation concerns weighed on the dollar Thursday after revised US Q1 GDP showed slower-than-expected economic...
Dollar Moves Higher as T-Note Yields Jump and Stocks Falter
Barchart - Thu Apr 25, 9:37AM CDT
The dollar index (DXY00 ) today rebounded from a 1-1/2 week low and is slightly higher. The dollar saw support today after bond yields jumped when today’s US economic news showed signs of persistent...
Elliott Wave Intraday Analysis on GBPUSD Shows 5 Waves Bullish Impulse
Elliott Wave Forecast - Thu Apr 25, 9:09AM CDT
Elliott Wave view on (GBPUSD) suggests that rally from 10.4.2023 low takes the form of an impulsive structure. Up from 10.4.2023 low, wave (1) ended at 1.2828. Correction in wave (2) unfolded as an expanded...
Dollar Gains with Higher T-Note Yields and Yen Weakness
Barchart - Wed Apr 24, 2:46PM CDT
The dollar index (DXY00 ) on Wednesday rose +0.16%. The dollar on Wednesday recovered from a 1-1/2 week low and moved moderately higher. Strength in T-note yields Wednesday boosted the dollar. Also,...
Dollar Climbs with T-Note Yields
Barchart - Wed Apr 24, 9:48AM CDT
The dollar index (DXY00 ) today recovered from an early 1-1/2 week low and is up +0.12%. The dollar is seeing support from higher T-note yields but is being undercut by reduced liquidity demand due to...
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