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DAILY MARKET ANALYSIS

Stay on top of your trading with analyses of the latest market news.

5 January 2024
Forex Market Analysis: US Dollar’s Resurgence and Stock Market Dynamics 5 Jan 2023

Forex Daily News: 5 Jan 2024 CURRENCIES: US Dollar’s Revival Dynamics: DXY index reflects the US dollar’s rebound on Wednesday. Day concludes with the dollar retracing from session highs due to Fed minutes causing a pullback in yields. Focus on …

5 January 2024
Nasdaq Slides, Dollar Fluctuates Ahead of NFP

The stock market closed with mixed results as the Nasdaq Composite sustained its longest losing streak since October 2022, dropping by 0.56% while the S&P 500 experienced its fourth consecutive decline. Mega-cap tech stocks, especially Apple, faced significant underperformance due …

4 January 2024
Tech-Led Nasdaq Downturn Sparks Market Jitters: Fed Uncertainty and Dollar Strength Unsettle Investors

The stock market opened the year with the Nasdaq Composite facing significant losses, marking a 1.18% decrease following the tech giants’ downturn, influenced by Apple’s nearly 4% drop. This decline, paired with the S&P 500 and Dow Jones slipping, reflected …

3 January 2024
Forex Market Analysis: Key Forex Reports & Market Trends 3 Jan 2023

Forex Daily Market Analysis: 3 Jan 2023 CURRENCIES: Key Reports This Week: JOLTs, ADP, and NFP reports released. Focus on understanding the impact of these reports on the market. Fed Chair Powell’s Dovish Stance: Assessing the dovishness of Fed Chair …

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