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On Wednesday (10th April) some market focus was on the Bank of Canada (BOC) policy decision. As unanimously expected, BOC kept all three policy rates on hold; i.e. target for the o...
The dollar posted moderate gains against most major currencies on Wednesday, with the USDX ending the session 0.12% higher. According to reports, the dollar is expected to remain s...
Wall Street closed mixed last Friday as the recovery from the Iran-Israel duet panic low was not sustainable for NQ-100 and also SPX-500 due to the slide in techs amid subdued guid...
The dollar posted moderate losses on Tuesday against most major currencies, with the USDX ending the session 0.40% lower. The dollar experienced big tumbles against the euro and st...
On Thursday (11th April), some focus of the market was on the ECB’s monetary policy decision. As unanimously expected, on Thursday ECB held all key policy rates for the 5th consecu...
The dollar gained against most major currencies on Monday, touching a 34-week high against the yen, while the USDX is trading at levels last seen in October 2023 on the iFOREX plat...
Various news releases are known to move currency pairs in the forex market, and this makes them subject to traders’ anticipation and scrutiny. After all, if traders had good reason...
The dollar posted little change against most major currencies last week, with the dollar index (USDX) closing the weekly chart with a moderate increase of 0.17% and closing in on l...
Wall Street was already under pressure on fading hopes of an early Fed pivot amid hawkish Fed talks coupled with an escalating war of words between Israel and Iran after a war of f...
Wall Street is under stress on fading hopes of an early Fed pivot amid hawkish Fed talks & also Beige Book coupled with an escalating war of words between Israel and Iran after a w...
The dollar returns to gains on Thursday, with the dollar index (USDX) posting a moderate increase of 0.22% and closing in once again to five-month highs. According to reports, this...
Oil surged almost +15% in Q1CY24 on signs of gradual rebalancing amid extended/permanent OPEC+ production cut (voluntary/involuntary), demand recovery from China, and lingering geo...
The dollar posted a moderate decline against most major currencies on Wednesday, with the dollar index (USDX) losing approximately 0.39% and retreating from five-month highs. Accor...
The dollar continues to ascend against most major currencies on Tuesday, with the dollar index (USDX) gaining by approximately 0.17% hitting levels seen in November 2023. According...
On Monday, Wall Street Futures stumbled, while Gold surged again amid an escalating war of words (scripted) between Iran and Israel in line with their respective domestic political...
On Friday, Wall Street Futures, Gold, and UST/US bond wobbled on Iran’s plan of a calibrated/friendly Israel attack (with advance information) to avoid an all-out regional war and ...
If you trade shares on the New York Stock Exchange, you must do so within normal business hours. However, when it comes to forex trading, your options open up considerably. Althoug...
The dollar reached its highest since early November against a basket of currencies on Monday with the US Dollar index (USDX) ending the session 0.24% higher after U.S. retail sales...
The dollar posted another moderate increase against most major currencies on Friday, with the dollar index (USDX) gaining approximately 1.67% on the weekly chart, supported by its ...
On Thursday, Wall Street Futures, Gold, and UST/US bond surged, while USD slumped on hopes of less hawkish Fed rate action in the coming days after softer than expected US PPI. But...
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