Steady Ascent: S&P 500's Sustained Growth Defies Market Volatility Expectations The US stock market has maintained its upward trajectory, with the S&P 500 index achieving a remarkable 10.8% increase in the first quarter, surpassing the usual yearly gain. [...]
Gold Shatters Records to Reach New Heights In a stunning display of resilience, gold ascended to an unprecedented milestone on Monday, touching the $2,265 mark per ounce amid limited trading activity due to European holiday closures. This year [...]
EURJPY Encounters Correction After Climbing to 16-Year Summit The EURJPY pair, after steadily climbing since December 2023, reached a 16-year apex at 165.34 on March 20. Following this peak, the pair has entered a correction phase, finding support along an [...]
Dollar Gains and Gold Soars as Expectations for Fed Rate Cut Diminish The dollar saw widespread strengthening following optimistic ISM data, leading to dwindling hopes for a Fed rate cut in June. Meanwhile, the yen remains subdued amid [...]
USD/JPY Faces Resistance Below 34-Year Peak as Market Anticipates NFP Report The upcoming nonfarm payrolls (NFP) report is highly anticipated, reflecting on the labor market's robust yet slowing growth, raising Federal Reserve concerns about potential overheating. February's data [...]
US Dollar Rises on Strong Manufacturing Data, EUR/USD Hits New Low The EUR/USD currency pair fell to its lowest level since February 15 after positive US manufacturing sector data was released on Monday, indicating a strengthening US dollar. [...]
