Today's Economic Highlight
Market Review | March 27, 2024
MHMarkets：2024.03.26 MHM European Time Analysis
In the foreign exchange market, the U.S. dollar showed a decline against a basket of major currencies, with the dollar index dipping to 104.22.
MHMarkets：March 26, 2024 Economic Highlights
On Monday, the U.S. dollar index gave back some of its gains, briefly approaching the 104 mark, and closed down 0.19% at 104.22. The benchmark 10-year U.S. Treasury yield returned above the 4.2% level, closing at 4.246%, while the 2-year U.S. Treasury yield, most sensitive to Federal Reserve policy interest rates, closed at 4.63%.
Market Trades Dully Ahead of PCE
The market exhibited relative quietness in yesterday's trading session as investors positioned themselves ahead of Friday's release of the PCE index.
Market digestion of early gains The US dollar fell slightly on Monday, while gold rose slightly
Market digestion of early gains The US dollar fell slightly on Monday, while gold rose slightly
WCG Markets:2024-03-26
WCG Markets:2024-03-26
Explore Easy Trading Online - Discover the World’s Leading Forex Trading Platform
Easy Trading Online Broker Proud to be a trusted Forex trading platform. Fulfilling all the mentioned criteria, we provide: A trading platform that is easy to use and understand. Advanced market analysis tools To help you keep track of market changes and make effective trading decisions. Competitive trading fees It will help you save on your expenses. Professional customer support team Always available to advise when in doubt 24/7.
Today's Hot Financial News
Market Review | March 26, 2024
MHMarkets：2024.03.25 MHM European Time Analysis
The forex market saw the U.S. dollar continuing its strengthening trend against other major currencies, with the dollar index reaching 104.41. The EUR/USD and GBP/USD experienced declines despite some economic indicators outperforming expectations
MHMarkets：March 25, 2024 Economic Highlights
Last Friday, as the market began to consider the possibility of the Federal Reserve delaying rate cuts, the U.S. dollar index continued to strengthen, closing up 0.44% for the second consecutive week at 104.42. The benchmark 10-year U.S. Treasury yield fell below the 4.2% level, closing at 4.194%, while the 2-year U.S. Treasury yield, most sensitive to Fed policy rates, closed at 4.596%.
Sticky Inflation Bolsters Dollar
Sticky Inflation Bolsters Dollar
The attitude of the Federal Reserve is relatively hawkish, and the US dollar rose significantly last Friday Terror attacks may cause gold bulls to regain their strength
The attitude of the Federal Reserve is relatively hawkish, and the US dollar rose significantly last Friday Terror attacks may cause gold bulls to regain their strength
Today's Financial Spotlight
Market Review | March 25, 2024
MHMarkets：2024.03.22 MHM European Time Analysis
The forex market witnessed a notable rebound in the U.S. dollar index, reaching 104.02, as major currencies like the EUR/USD, GBP/USD, and AUD/USD experienced declines against the strengthening dollar.
MHMarkets：March 22, 2024 Economic Highlights
On Thursday, the dollar index rose by 0.60% to 104, bolstered by an unexpected rate cut by the Swiss National Bank and strong U.S. economic growth, closing at 4.2660% for the 10-year U.S. Treasury yield and 4.6430% for the 2-year yield, which is most sensitive to Federal Reserve policy rates.
Macro data boosting, the US dollar rebounded significantly yesterday Gold prices rise and fall, market focus shifts towards future trends
Macro data boosting, the US dollar rebounded significantly yesterday Gold prices rise and fall, market focus shifts towards future trends
Fed's Dovish Surprise: Will PCE Amplify Further Next Week?
In January, the U.S durable goods orders have fell 6.1% vs -4.5% expected, marking the largest decrease in nearly four years, while business investment in equipment appeared to have eased, indicating a decrease in economic momentum at the beginning of the year.The UK's Gross Domestic Product (GDP) experienced a contraction of -0.3% in Q4, worse than the expected decline of -0.1%. This downturn was attributed to declines across all primary sectors and caused the UK to enter a technical recession.
Dollar Rebounds Strongly on Upbeat Economic Data
Yesterday witnessed a pronounced rally in the dollar index (DXY), effectively nullifying the losses incurred in the preceding session, with the dollar now vying to surpass its prior resistance level at $104.15. This resurgence was underpinned by encouraging economic indicators, including robust job market data and PMI figures that exceeded market expectations.
Today's Market Spotlight
Market Review | March 22, 2024
MHMarkets：2024.03.21 MHM European Time Analysis
In the forex markets, the U.S. dollar saw a decline against other major currencies, influenced by the Federal Reserve's unwavering stance on its rate-cut strategy despite high inflation figures. The dollar index dipped to 103.42.
Latest News
Will Gold Prices Continue to Rise Due to Trump’s Tariffs?
WikiFXMiami Firm Owner Pleads Guilty to $6M Ponzi Scheme Fraud
WikiFXNBI Cebu Arrests Forex Trader for Illegal Investment Solicitation
WikiFXPU Prime's "Feather Your Trades" Contest! Begin
WikiFXeToro Files for IPO with $5 Billion Valuation on NASDAQ
WikiFXIs FizmoFX a Scam? Fraud and Account Suspension of Traders
WikiFXIG Japan Extends US Stock CFD Trading Hours in 2025
WikiFXALERT! Warning against Livaxxen
WikiFXWhich Zodiac Sign Makes the Best Trader?
WikiFXVanguard Settles $106M SEC Case Over Misleading Investors
WikiFX