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The dollar showed little change against most major currencies on Thursday, with the dollar index (USDX) trading within a tight range between levels 103.85 and 104.31 since the begi...
· Also hotter than expected US GDP and core deflator data may support the Fed's stance of wait & watch till Dec’24 Oil stumbled over -6% in July (till date) on hopes & hop...
The dollar slipped against most major currencies on Wednesday, continuing a downward trend from the previous session, with the dollar index (USDX) down by 0.08%. Growing expectatio...
The dollar showed little volatility on Tuesday, with the dollar index (USDX) hovering around the 104.2 mark as uncertainty over the U.S. presidential race and anticipation of inter...
· Overall, S&P PMI and retail sales data indicate upbeat economic activities and hotter RM cost pressure, which may cause slower disinflation in Q3 On Monday, Wall Street ...
· EURUSD was also supported by the unexpected election win (final round) by the Macron-led center-left alliance in France against far-right Le Pen On 18th July, some focus...
The dollar held up strongly against most major currencies on Monday, with the dollar index (USDX) trading in a tight range between levels 103.9 and 104.16 for the past two sessions...
· After Biden’s pre-mature exit from the White House race, techs recovered on fading concern of an imminent AI tech restriction on China · Unlike ailing & senile Bi...
Candlestick charts tell you plenty of useful information about what prices did during a trading session. They tell you where prices started off, the high and low points they touche...
The U.S. dollar gained for a second session against most major currencies on Friday, with the dollar index (USDX) extending its rally above the 104.0 mark to end the week 0.31% hig...
· After the budget, the focus may be on state elections; if Modi loses badly, then he may have to exit gracefully by Dec’25 on the 75-yrs age retirement policy in the BJP ...
· Trump may face hurdle in election as ailing & senile Biden set to exit the race, paving the way for younger/smarter/experienced VP Harris to fight · Fed will scru...
The U.S. dollar gained against most major currencies on Thursday recovering most of Wednesday’s losses, with the dollar index (USDX) extending its rally early on Friday to break ab...
· At TTM EPS around $191 and recent high 5700, S&P-500 TTM PE is now almost around 30; at extreme bubble zone on hopes & hypes of Trump & Fed stimulus Wall Street was trad...
The U.S. dollar fell for yet another session on Wednesday, with the dollar index (USDX) down by 0.47%, breaking below the tight range seen in the last few sessions and hitting leve...
· Trump 2.0 may continue all aspects of TCJA-2017 with additional corporate & middle-class tax cut · Fed may start 11 QTR rate cuts cycle from Dec/Sep’24 · ...
The U.S. dollar was almost unchanged against most major currencies on Tuesday, with the dollar index (USDX) down by 0.03%, fluctuating within a tight range between levels 103.71 an...
· Powell indicated despite some progress, the Fed needs to have more confidence in Q3 for the pace of disinflation; the Fed may not cut from Sep’24 · Wall Street su...
The U.S. dollar was trading between gains and losses against most majors in the last past few sessions, with the dollar index (USDX) showing little movement, fluctuating within a t...
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