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Dow Jones dips into negative territory with hawkish Fed weighing on sentiment
Dow Jones index dips into losses following positive market opening. Investors’ concerns about the Fed’s “higher for longer” stance are weighing on risk appetite. Technical picture remains bearish with DJIA retreating from historic highs reached in March. The Dow Jones Industrial Average (DJIA) is po
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Silver Price Analysis: XAG/USD remains bullish, eyeing $29.00
XAG/USD climbs 3.61%, nearing $29.00 due to robust demand in the precious metals sector. Technical analysis suggests further upside potential, with aims at the April 12 high of $29.79 and the key $30.00 level. Key supports are at the May 18, 2021, high of $28.75, the June 10, 2021, high of $28.28, a
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New Zealand Services Index Slumps In March - BusinessNZ
The services sector in New Zealand fell into contraction territory in March, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 47.5. That's down from 52.6 in February, and it slips beneath the boom-or-bust line of 50 that separates expansion from cont
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Markets Digest Inflation Spike And Fed's Rate Cut Caution
Markets responded in a mixed manner to hotter-than-expected inflation reading from the U.S. and caution about rate cuts sounded in the FOMC Minutes. Anxiety ahead of the interest rate decision by the ECB also weighed on sentiment. The CME FedWatch tool that tracks the expectations of interest rate t
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Can I Trade Forex with JRFX?
The allure of the forex market is undeniable, with its potential for lucrative opportunities drawing in traders from around the globe. Among the myriad of forex trading platforms, JRFX stands out as a trusted name, offering a user-friendly interface and a suite of tools designed to simplify the trad
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Pull-up Update