US Dollar closes a winning week, eyes on CPI data

Share: The DXY index trades with mild losses at 105.80, closing a 0.70% weekly gain. Fed hawks revived USD strength during the week. UoM consumer sentiment data come in lower than expected. The focus shifts to next week’s inflation figure from the US from October. The US Dollar (USD) showed minimal movement on

Yellen-He meeting readout: US seeks healthy economic relationship with China

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Golden Man AI EA – Trading Strategies – 11 November 2023

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Crude all prices settle at $77.17

US crude futures settle at $77.17. That’s up $1.43 or 1.89% on the day. For the trading week, oil prices are trading up around 2.07% The high for the day reached $77.69. The low price reached $75.36. Catalysts include: Concerns over global growth took precedence in the market, overshadowing geopolitical risks in the Middle East.

Bangladesh grapples with soaring dollar prices amid illegal trading By Investing.com

© Reuters. The US dollar crisis in Bangladesh has intensified as the open market rate soared to Tk128 per dollar Today, a sharp increase from the rate earlier in the week. Despite the Bangladesh Bank’s (BB) stringent directives and warnings of harsh penalties for non-compliance, banks and money changers continue to bypass BB’s fixed exchange

XAG/USD dives as investors digest Powell’s words, US data

Share: The Silver’s spot price XAG/USD is down by more than 1%, around $22.30. Jerome Powell from the Fed was seen as hawkish on Thursday, fuelling US bond yields. Markets are pricing in rates at restrictive levels for a more extended period. UoM Consumer Sentiment data from the US came in lower than

S&P surges above 100-Day MA, Signals bullish momentum

S&P indexes moving above its 100 day moving average The S&P index is currently trading near session highs, up 60.44 points or 1.39% at 4407.92, and in the process has broken above its 100-day moving average of 4402.47 (see the blue line in the chart above). The last time it traded above this moving average