bef

Stock Markets: Stocks faced a second consecutive day of declines, deviating from the expected positive start to the new year associated with the Santa Claus rally. The Nasdaq Composite, particularly…

Forex Market: Dollar Index Surges: The Dollar Index has climbed above 102.50 following the release of the US manufacturing index for December 2023. A potential test of 103-104 is anticipated…

The Australian Dollar (AUD) grapples to maintain its position above the crucial level of 0.6750 against the US Dollar (USD) on Wednesday amid a subdued USD. The commodity-linked AUD faces…

The Dollar Index is rising as expected and could test 102.50 while the Euro could fall to 1.0950-1.09. EURJPY looks bearish towards 155/154 while USDJPY has rebounded and could now…

The Japanese Yen (JPY) has commenced the new year on a weaker note, influenced by the aftermath of a devastating earthquake in central Japan on Monday. Additionally, a modest strength…

In the latest assessment of global financial markets, the Dollar Index is currently holding steady below the 102 mark, with potential for a brief uptick to 102-102.50. Meanwhile, the Euro…

As the penultimate trading day of 2023 unfolded, the S&P 500 managed a nominal gain, retracing early advances just before the closing bell. The benchmark index concluded the session with…

The U.S. dollar faces a challenging final stretch in 2023, heading for its worst year-end performance since 2020. The U.S. Dollar Index (DXY), which measures the greenback against a basket…

As we bid farewell to another year filled with market twists and turns, we extend our warmest gratitude to all our Morning Briefing readers for joining us on this financial…

The Euro is trading above the 1.1050 level in a narrow range, following a day of emotions without major announcements. Despite an initial willingness to continue its recent uptrend and…

In a trading session marked by signs of year-end investor fatigue, U.S. stocks managed to secure slight gains on Wednesday despite subdued trading and a lack of significant market-moving news.…

Markets seem to be betting on 6 rate cuts by the FED in 2024 as sentiment for the first rate cut in March intensifies, dragging the dollar index down to…

The Dollar Index has held quite well above 101.40, but the overall view remains bearish to 101 in the near term. Euro has held well above 1.10 but needs to…

December 27, 2023 – The U.S. Dollar Index (USD/DXY) fell back from 101.70 to 101.45 in a holiday-affected week, its lowest level since July. The foreign exchange market performed differently,…

December 27, 2023 – The EUR/USD pair exhibited a notable uptrend on Tuesday post the Christmas holiday, extending gains into early Wednesday and reaching its highest level since August, hovering…

In the dynamic world of international finance, keeping a close eye on currency exchange rates is paramount, especially when it comes to popular currencies like the Euro and Indian Rupee.…

Last week, U.S. economic data showed that the U.S. economy was resilient, coupled with signs of slowing inflation, with final GDP confirming an annualized growth rate of 5.2%, and the…

Going into the Christmas weekend, the EUR/USD exchange rate is close to 1.10140. The pair hit highs near the 1.10400 level early on Friday, a value last seen on August…

AUD/USD AUD/USD has rebounded strongly over the past trading week, breaking above the 0.68 level. It could target the 0.69 level, an area that has previous resistance and the 200-week…

XAU/USD briefly surged to the $2,070 mark on Friday before falling back to initial daily levels. With interest rates at the highest level in 22 years, expectations for a possible…