Yearly Archives: 2024
Dollar Remain Firm Ahead of CPI

Written on November 18, 2024 at 7:23 am, by
Market Summary The treasury market experienced intensified sell-off pressure, driving yields higher and boosting dollar strength in recent sessions. The Dollar Index (DXY) reached the 106.00 mark for the first time since June, with all eyes on the upcoming U.S. CPI reading, which could be pivotal for the dollar’s trajectory. Rising yields have pressured WallContinue Reading
Dow Jones Reach New High on Trump Victory

Written on November 18, 2024 at 7:22 am, by
Market Summary The U.S. dollar extended its rally, reaching a four-month high after Trump’s presidential election victory. However, a pivotal test awaits on Wednesday with the release of U.S. CPI data, which could significantly impact the dollar’s trajectory. Wall Street remained robust, with the Dow Jones hitting an all-time high of 44,484 in yesterday’s session.Continue Reading
Dow Jones Reach New High on Trump Victory

Written on November 18, 2024 at 7:22 am, by
Market Summary The U.S. dollar extended its rally, reaching a four-month high after Trump’s presidential election victory. However, a pivotal test awaits on Wednesday with the release of U.S. CPI data, which could significantly impact the dollar’s trajectory. Wall Street remained robust, with the Dow Jones hitting an all-time high of 44,484 in yesterday’s session.Continue Reading