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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 …
The new year began with a mild downturn in the stock market, seeing the S&P 500 drop by 0.57% after an impressive 2023. Tech giants like Apple faced setbacks, while defensive stocks supported the Dow Jones. Despite this, the market …
Forex Daily Analysis 2 January 2024 Economic data: S&P Global US Services PMI, December, final (48.4 expected, 48.2previously); MBA Mortgage Applications, week ending December 29 CURRENCIES: U.S. Dollar’s Downward Correction Witnessed a significant downward correction in the U.S. dollar due to …
The inaugural week of 2024 is poised to be a dynamic period for traders and investors, with a spotlight on critical economic indicators that are expected to shape market sentiments. Among the pivotal data releases are the ISM Manufacturing and …
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