In Tuesday's European trading session, the U.S. dollar saw a modest downturn, reflecting a period of market recalibration after last week's flurry of central bank activities and in anticipation of
DXY: Potential Direction: Bullish Overall momentum of the chart: Bullish Price could potentially make a Bullish bounce off pivot and head towards 1st resistance Pivot: 104.16 Supporting reasons: Acts as
The ruble experienced a significant dip, reaching a one-week nadir beyond 93 against the dollar as markets reopened following a tragic incident near Moscow, despite support from strong oil prices
This week commenced with the U.S. dollar retracting slightly from its recent gains, as the financial world gears up for pivotal inflation data and anticipates further guidance from Federal Reserve
On Monday, the dollar experienced a downturn, influenced by Japan's interventions to support the yen and actions by the Chinese government to rally the yuan, both of which exerted downward
Monday witnessed Bitcoin's price ascend, counteracting last week's downturn through robust investments into exchange-traded funds and anticipation of the forthcoming halving event. This resurgence was further bolstered by BlackRock's entry
DXY: Potential Direction: Bearish Overall momentum of the chart: Neutral Price could potentially make a bearish reaction off pivot and drop to 1st support Pivot: 104.94Supporting reasons: This level acts
DXY: For DXY, aligning with the overall bullish momentum, there’s potential for a bearish reaction from the pivot level, possibly leading to a drop towards the 1st support. The pivot
In European trading on Monday, the U.S. dollar showed a slight decline, relinquishing some of its gains from the previous week as investors await the Federal Reserve's upcoming policy-setting meeting.
The dollar saw a slight uptick on Monday as investors awaited a series of central bank meetings, including the Bank of Japan's potential shift away from negative interest rates and