At the time of reporting, the currency has retained its strong footing and, in the European session, traded 0.24% up against the US dollar (USD) at 0.6534. Economists attributed this …
Tag: us dollar
The US Bureau of Economic Analysis (BEA) said that during Q1 2024, US GDP grew by 1.6% according to the ‘advance’ estimate. The BEA stated: In the fourth quarter of …
According to a Reuters report, spot gold was down by 1.3%, reaching $2,027.26 per ounce, following three consecutive sessions of gains at 2:36 p.m. E.T. (19:36 GMT). U.S. gold futures …
Hiring was unchanged at around 5.9m (3.7%); total separations, which, according to the Bureau of Labour Statistics (BLS), include quits, layoffs, discharges and other separations, was also little changed at …
The Bank of England (BoE) governor, Andrew Bailey, is due to appear in front of the Treasury Committee to address claims by a think-tank that his economic outlook for 2023 …
Friday marked a seven-week consecutive rise for the dollar index in comparison with its figures of 99.58 from the same period year-over-year. Industry experts suggest that this favourable standing is …
Technical View: Markets to Watch for the Week Ahead Currencies: US Dollar Testing Monthly Support It has been quite a week for the US dollar. Consistent with the US Dollar …
Short-Term Price Action Edging North of $1.31 As evident from the H1 timeframe, buyers and sellers are squaring off around the $1.31 level, following the (almost) one-sided push north after …
Price Action Closing in on Daily Demand Across the page on the daily chart, you might recall that I noted the possibility of a sell-off emerging from channel resistance extended …
Technical View: Markets to Watch for the Week Ahead Currencies: US Dollar Eyeing the 101.92 Low With Friday’s one-sided decline, it was a disappointing week for the Dollar Index, down …
