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Symbol | Exchange | Currency | ||
---|---|---|---|---|
DX | Derived | USD | Real-time | |
DXc1 | ICE | USD | Delayed | |
DXc2 | ICE | USD | Delayed | |
DXc3 | ICE | USD | Delayed |
Earlier this month I discussed the possibility that the US stock market’s year-to-date performance would slip to second place as Africa shares rallied. Nearly two weeks later, the switch is complete,...
Odds are firmly against the bulls, as US dollar keeps heading lower. As of now, the greenback is approaching a critical support at 100. Break below this level could lead to a bigger decline. For...
The price of gold has been moving steadily higher over the past year, making new all-time highs. It’s currently trading over $2500. And we have been forecasting and discussing this for the past two...
The EUR/USD pair has surged to its highest level in over a year. The market is now focused on Jerome Powell's upcoming speech alongside some key economic data from the US. In this piece, we'll take...
The S&P 500 ended the day up about 40 basis points yesterday, showing little reaction to the rising VIX, increased 1-month implied correlation indexes, a steeper yield curve, and a weakening US...
DXY is a sinking stone: AUD held the gains: North Asia is supportive: Oil is in all sorts. Gold the winner! The silly little metals pop: Mining dead cat: EM is struggling: Junk is bullish: Yields set...
The 10-year rate ended the day in a particularly interesting position, given its significance in the broader financial landscape. It closed at 3.81%, just above the August 5 close of 3.79%. The 3.8%...
DXY is pricing Fed cuts: AUD to the moon! North Asia to the moon! Only oil is earthbound: Commods to the moon! Mining dead cat: EM to the moon! Junk spreads to the moon! Bonds to the moon! Stocks to...
Markets stabilized with positive data easing US recession fears, but the US dollar's decline continued. The DXY may face further declines if it falls below the 101.8 support level, with a potential...
Gold could keep rising after hitting $2500, with bullish momentum supported by inflation hedging and weaker bond yields. A weak US dollar and potential Fed rate cuts could give gold prices further...
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