On Monday, the U.S. Dollar Index edged up to a daily high of 104.37 during the American session before paring its gains, eventually closing slightly lower at 104.25. The U.S. bond market was closed.
Market Wrap: Analysis of Stocks, Bonds, Commodities, and Forex - February 20, 2024
The US dollar remains in an upward trend, with geopolitical concerns helping gold prices stay above $2,000
A Look at the Monumental Achievements of 2023
WCG Markets:2024-02-20
At the start of Monday, major currency pairs hovered around their closing levels from the previous week.
The market has digested strong PPI data, and the US dollar rebounded last Friday but encountered resistance and fell back to consolidate. Gold has once again stabilized at the psychological level of $2,000
Last Friday, another set of hot inflation data weakened the prospects of a rate cut by the Federal Reserve, sending the US dollar index to refresh its daily high during the session.
WCG Markets:2024-02-19
Directional Views and Key Data Stocks, Bonds, Commodities, and Forex
WCG Markets:2024-02-16
This surge in the Dollar coincided with Chinese markets closing for the Lunar New Year, contributing to heightened market dynamics.
Key Insights into Today's Market Dynamics and Profitable Trading Strategies
WCG Markets:2024-02-15
In currency markets on February 15
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】