On Thursday, U.S. stocks hit record highs with the Dow Jones, S&P 500, and Nasdaq surging, driven by significant gains in technology and consumer discretionary sectors.
Positive US initial unemployment data showed The US dollar staged a deep "V" -shape reversal
Nvidia Soars, European Markets Gain, and Key Forex Trends
On Thursday, the U.S. Dollar Index experienced a sharp V-shaped reversal, touching a low of 103.432 during the session but rebounding strongly after robust U.S. economic data and comments from Federal Reserve officials dampened expectations for imminent interest rate cuts.
WCG Markets:2024-02-23
Fed minutes dampen rate cut hopes Gold holds above $2,020 Crude supply tightens
In a day of nuanced shifts across the financial landscape, the U.S. Dollar Index experienced minimal changes but ultimately edged down by 0.073%, settling at 103.99.
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On Wednesday, the U.S. Dollar Index fluctuated around the 104 mark and eventually fell by 0.073%, closing at 103.99.
WCG Markets:2024-02-22
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
The US Dollar saw a decline on Tuesday, continuing its downward trend after the extended weekend, fueled by increasing expectations that the Federal Reserve will postpone the initial rate cut even further.
On Tuesday, the US Dollar Index fell below the 104 level during the trading session, hitting a more than one-week low.
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The US dollar and US bond yields have fallen, and gold prices have risen to over a week high Oil prices have fallen by over 1%, and demand concerns have overshadowed the impact of geopolitical tensions
Stocks Slip, Dollar Softens, Bitcoin Rebounds
WCG Markets:2024-02-21
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The Canadian CPI is expected to increase by 3.2% YoY in January, with economists anticipating a monthly rebound to 0.4%.