The dollar index (DXY00 ) on Thursday fell by -0.48%. An unexpected downward revision Thursday to U.S. Q4 GDP weighed on the dollar. Also, stronger-than-expected German inflation news Thursday was hawkish...
The dollar index has settled into a trading range around its critical pivot point below the 104 level. The index measures the dollar index against other top reserve currencies, but the bifurcation of the...
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.63%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.33%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.95%. U.S. stock...
CADJPY is in higher degree corrective rally after a completed wedge pattern within 5th wave by Elliott wave theory.
An uptrend will start as soon, as the market rises above resistance level 1,2350, which will be followed by moving up to resistance level 1,2447
The uptrend may be expected to continue, while market is trading above support level 1,0759, which will be followed by reaching resistance level 1,0929 and if it keeps on moving up above that level, we...
The (EURUSD) is in the late stages of a Bull Flag consolidation (on the weekly chart) after forming a fresh March high last week. Odds are elevated for an extension of the upchannel (on the weekly chart)...
The dollar index (DXY00 ) on Wednesday rose by +0.23%. The dollar posted moderate gains Wednesday as waning concerns of banking-sector contagion weakened the yen. The dollar also found support after Wednesday’s...
A Central Bank Digital Currency (CBDC) could help the Federal Reserve reduce fraud and money laundering while guaranteeing sovereign alternatives for digital payments. Still, the Nigerian case study suggests...
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.99%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.36%. U.S. stock...
