US Dollar stands neutral following GDP revisions, Fed Beige book
Share: The DXY Index is bearing a slight uptick, lingering nearing three-month lows. US annualized Q3 GDP estimate was revised upward to 5.2%. The Fed's Beige book report…
Bitcoin (BTC/USD) Holds the High Ground as Binance Deals with Client Exodus
BITCOIN, CRYPTO KEY POINTS:Bitcoin Trades Just Above the $38k Mark. Are We Finally Going to Print a Daily Close Above the Resistance Level with an Eye on the $40k Handle?Binance…
US treasury auctions $55B of 5 year notes at a high yield of 4.420%
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide…
US Dollar weakened after mixed S&P PMIs, focus shifts to PCE figures from October
Share: The DXY Index declined to 103.45, a 0.30% loss. The index will tally a 0.30% weekly loss as well. S&P PMIs showed a mixed outlook, with the…
US Dollar Index (DXY) Unfazed as Business Activity in the US Held Firm
US PMI KEY POINTS:S&P Global Composite PMI Flash (Nov) Actual 50.7 Vs Previous 50.7.S&P Global Manufacturing PMI Flash (Nov) Actual 49.4 Vs Forecast 49.8.S&P Global Services PMI Flash (Nov) Actual…
Bitcoin trades to the highest level since May 2022
The price of bitcoin has extended to the highest level since May 2022. The high price has reached $38408Bitcoin moves above and away from the 38.2% retracementLooking at the daily…
US Dollar steady with US markets closed for holiday
Share: The Greenback is unable to hold on to gains ahead of this week’s close. US Traders are absent this Thursday as Thanksgiving and Black Friday will keep…
JPY Price Forecast: BoJ Hopeful for Softer USD
USD/JPY swiftly recovered yesterday’s downside move but US economic data could aid in a bullish yen outlook. Source link