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Symbol | Exchange | Currency | ||
---|---|---|---|---|
DX | Derived | USD | Real-time | |
DXc1 | ICE | USD | Delayed | |
DXc2 | ICE | USD | Delayed | |
DXc3 | ICE | USD | Delayed |
After an initial decline, the US Dollar began to rally on the back of US employment data that dampened expectations of a 50-basis point rate cut by the Fed in September.The US employment data, which...
So yes, that’s exactly what happened. Record Weekly Decline Not Seen Since May 2022 The GDXJ closed the weekly with a record (nominal) decline – that we haven’t seen since May 2022. The above chart...
The dollar kicked off the week on a positive note despite labor data coming in soft last week. Traders now look to Wednesday’s CPI report for clues on the Fed’s next rate move. Technical levels...
US jobs report adds to slowdown fears but provides no clarity about Fed policy Dollar whipsaws while stocks tumble as ‘September effect’ takes hold But risk sentiment improves ahead of US CPI report...
Gold continues to trend strongly, with key support levels holding firm. The US dollar's outlook remains bearish ahead of the first rate cut. Upcoming US CPI data could provide crucial clarity for...
Per our prior missive on Gold having recorded its second-narrowest trading week of 2024 (by percentage distance between high and low), now this last week’s performance perhaps is best categorized as...
Last week's decline hints at a growing unease among market participants. With the labor market softening further, is the Fed too late on rate cuts? The S&P 500’s recent struggles signal cautious...
Gold Faces Pressure Despite Weaker US Jobs Report Gold (XAU/USD) decreased by 0.78% as the US dollar (USD) remained steady despite the US adding fewer jobs than expected last month. The US economy...
US jobs data missed estimates, keeping recessionary fears very much in play. US Equities continue their September struggles as Oil falters as well. ECB expected to cut rates amidst slowing European...
ECB is expected to ease again, but will it be another ‘hawkish cut’? US CPI report will be the last inflation update before September FOMC UK monthly data flurry begins with employment and GDP...
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