Tag: dollar
EUR/JPY Provides Positive Signal – Forecast for June 18, 2024
Jennifer -
Expected Scenario The EUR/JPY pair has indicated a positive signal, confirming a bullish bias with a close above 168.90, settling near 169.30. This suggests the...
Dollar Inches Higher as Traders Eye Rate Cut Clues; Euro Stabilizes
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The dollar rose slightly on Tuesday as traders awaited U.S. retail sales data and comments from Federal Reserve officials, seeking clarity on the timing...
The yen fell after the Bank of Japan gave no hint of readiness to raise rates further in the coming months
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Market analyst Sam Coventry wrote that the yen fell after the Bank of Japan did not signal that it was ready to raise rates...
The size of US money market funds continues to hit a record high, is $7 trillion just around the corner?
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As the market expects that Federal Reserve policymakers are not in a hurry to ease monetary policy, US money market fund assets have risen...
Gold and crude oil opened lower. Today’s trend analysis and operation suggestions
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June 17, news analysis: As the market continues to digest the better-than-expected US inflation data on Wednesday, prices rose 1.3%. As the market continues...
Fed’s Kashkari predicts: One rate cut this year is reasonable, but it will have to wait until December
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Minneapolis Fed President Kashkari said on Sunday that it is a "reasonable forecast" that the Federal Reserve will cut interest rates once this year,...
What is the Highest Stock Right Now?
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Investing in the stock market can be both exciting and challenging, especially when trying to identify the highest-valued stocks at any given moment. These...
Is It a Good Time to Buy Gold Now?
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Gold has long been considered a safe haven asset, especially during times of economic uncertainty and market volatility. Investors often turn to gold as...
Why is gold falling?
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Gold has long been considered a safe haven asset, a store of value that investors turn to in times of economic uncertainty and market...
Why Should You Invest in Altcoins?
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The cryptocurrency market has evolved significantly since the introduction of Bitcoin in 2009. Today, Bitcoin remains the most well-known and widely adopted cryptocurrency, but...
Which Currency is Mostly Used in the World?
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The global economy is an intricate web of financial transactions, trade agreements, and currency exchanges. Among the myriad currencies circulating today, one stands out...
GBPCHF Correctional Bearish Trend Persists – Forecast for June 14, 2024
Jennifer -
GBPCHF Price Analysis Amidst the prevailing market conditions, the GBPCHF price has succumbed to the resistance barrier at 1.7590 following a recent bullish rally. This...