In the latest forex market movements, the U.S. dollar index saw a decrease, landing at 103.84.
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U.S. stocks retreated from record highs on Monday, with technology stocks leading the decline.
On Monday, due to weak U.S. economic data, expectations for a Federal Reserve rate cut were heightened, and the U.S. Dollar Index fell for three consecutive trading days, closing down 0.045% at 103.83.
WCG Markets:2024-03-05
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In the realm of foreign exchange, the U.S. dollar index experienced a decline, settling at 103.91.
US economic data fell short of expectations, leading to a rapid decline in the US dollar The gold outbreak approaching the critical level of $2,100
Tech Stocks Soar, Fed Policy Outlook Key, Eurozone Data Positive
Last Friday, the U.S. dollar index experienced range-bound fluctuations during the Asian and European trading sessions and significantly declined during the U.S. session due to weaker-than-expected U.S. economic data, closing down by 0.243% at 103.88.
WCG Markets:2024-03-04
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
In the latest forex market developments, the U.S. dollar index saw an uptick, reaching 104.12, amidst mixed economic indicators from major economies.
On Thursday, the U.S. Dollar Index experienced a downtrend during the Asian and European trading sessions, following the announcement that the U.S. core PCE price index's annual rate for January marked its lowest increase since March 2021, which led to a significant drop in the Dollar Index.
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WCG Markets:2024-03-01
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