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Forex
Investors look at Jackson Hole and rate cut bets
The loss of impetus in the risk-associated universe allowed the US Dollar to rebound from Wednesday’s 2024 peaks on Thursday, helped by the equally decent…
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US Dollar struggles to find support as focus shifts to PMI data
Here is what you need to know on Thursday, August 22:
Following a recovery attempt seen in the first half of the day on Wednesday, the US Dollar Index…
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Recession fears meet flash PMIs
Further decline saw the Greenback recede to levels last traded in late December 2023 in the sub-101.00 zone, as bets for a rate cut in September were…
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Nvidia Stock Remains Supported, with Markets on Hold Today
It was another quiet day, marking what has likely been the slowest week of the year in terms of news flow, but Nvidia stock remains supported by moving averages and it is…
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Investors now look at the FOMC Minutes
Sellers continued to punish the Greenback, motivating it to flirt with 2024 lows on the back of further improvement in the risk complex, as investors…
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Fedspeak and Canada inflation data to grab market attention
Here is what you need to know on Tuesday, August 20:
Major currency pairs seem to have stabilized in the European morning on Tuesday as investors await the…
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Attention shifts to Fedspeak ahead of Jackson Hole
The continuation of the selling pressure remained unchanged around the Greenback in the context of further improvement in the appetite for the…
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US Dollar slides to begin the week, Japanese Yen rallies
Here is what you need to know on Monday, August 19:
The US Dollar (USD) stays under selling pressure early Monday, with the USD Index dropping to its…
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US Dollar consolidates losses ahead of US data dump
Here is what you need to know on Thursday, August 15:
The US Dollar (USD) consolidates its weekly losses against its major rivals early Thursday. In the…
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Optimism returns as recession fears dilute
What you need to take care of on Friday, August 16:
The US Dollar seesawed between gains and losses, ending the day mixed across the FX board after United…
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