Forex Market Overview
Tue, Jul 9th, 2024
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Dollar Rebounds Ahead of Fed Chair Powell’s Testimony on Tuesday
Barchart - Mon Jul 8, 2:32PM CDT
The dollar index (DXY00 ) Monday recovered from a 3-week low and finished up by +0.12%. Short covering in the dollar Monday propelled prices higher ahead of Fed Chair Powell’s semiannual testimony to...
Digital Assets: Insights and Market Trends H1 2024
CME Group - Mon Jul 8, 10:16AM CDT
Digital Assets: Insights and Market Trends H1 2024
Dollar Weakens as French Election Results Boost the Euro
Barchart - Mon Jul 8, 9:48AM CDT
The dollar index (DXY00 ) today is down by -0.05% and posted a new 3-week low. Strength in the euro today is weighing on the dollar as political tensions in France eased after Sunday’s elections showed...
Elliott Wave Live: Can Dollar Weakness Resume, and Cryptos Bounce Back?
Wavetraders - Mon Jul 8, 4:58AM CDT
The US dollar has seen a significant turn to the downside last week followed by a lower US yields, which can be supportive for Bitcoin and other cryptocurrencies.
Dollar Ends Lower as US Jobs Report Boosts Fed Rate Cut Chances
Barchart - Fri Jul 5, 2:30PM CDT
The dollar index (DXY00 ) Friday fell by -0.24% and posted a 3-week low. The dollar retreated Friday after the US Jun payroll report bolstered expectations for the Fed to cut interest rates this year....
Elliott Wave Expects EURUSD to Turn Higher
Elliott Wave Forecast - Fri Jul 5, 11:40AM CDT
Short Term Elliott Wave in (EURUSD) suggests cycle from 4.16.2024 low is in progress as a 5 waves impulse. Up from 4.16.2024 low, wave 1 ended at 1.0916. Pullback in wave 2 ended at 1.0664 as the 1 hour...
