Monthly Archives: March 2024
Dollar Eases On Low GDP Growth
Written on March 12, 2024 at 5:41 am, by
The Dollar Index underwent considerable volatility, fluctuating within a range of approximately 0.3% in the recent session. The Dollar Index underwent considerable volatility, fluctuating within a range of approximately 0.3% in the recent session. This movement followed a mixed bag of U.S. economic data. On one hand, the last quarter’s U.S. GDP growth came inContinue Reading
Dollar Stall Ahead Of GDP
Written on March 12, 2024 at 5:40 am, by
The Dollar Index continues to trade within a narrow range, exhibiting minimal change with a marginal increase of 0.02% in the last session The Dollar Index continues to trade within a narrow range, exhibiting minimal change with a marginal increase of 0.02% in the last session. Concurrently, U.S. equity markets find themselves in a stateContinue Reading
Upbeat Japanese CPI Fuels Yen’s Strength
Written on March 12, 2024 at 5:39 am, by
Japan’s Core Consumer Price Index (CPI) data exceeded market expectations at 2%, strengthening the Japanese Yen against other major currencies. The bullish momentum in U.S. equity markets appears to be tapering off, trading flat in anticipation of the crucial U.S. Personal Consumption Expenditures (PCE) reading. This data is poised to influence market perceptions regarding theContinue Reading
