Tag: dollar index

Capital and Risk, Macroeconomic

US Q3 GDP Revised Lower Dragging the Dollar Index Along, Gold Rises

December 21, 2023

Via: DailyFX

US Q3 GDP has been revised lower to 4.9%, slightly below 5.2% in the second estimate, but matching the 4.9% initially reported in the advance estimate. The estimate released today is based on more complete source data than were available […]

Capital and Risk, Liquidity

GBP Price Action Setups: GBP/USD, GBP/AUD on the Back Foot Ahead of Massive Week

September 15, 2023

Via: DailyFX

GBP has faced selling pressure this week weighed down in part by GDP data, with an increase in total earnings unable to arrest the slide. Now obviously there was some mitigating effects on the recently released data which may blur […]

Capital and Risk, Liquidity

Gold Price Forecast: $1980 Beckons but Are Bulls Ready to Take Control?

July 18, 2023

Via: DailyFX

Gold prices have enjoyed a good bounce following a selloff in yesterday US session pushed the precious metal below the $1950 handle. The move was short lived however, as buying pressure returned and continued through the Asian session with Gold […]

Activity, Capital and Risk, Liquidity, Trading

Dollar slumps for 5th-straight day to lowest since September

January 2, 2018

Via: Market Watch

The dollar slumped on Tuesday, the first full trading day of 2018, with a key dollar index falling for a fifth-straight session to trade at a more than three-month low as traders pondered what’s next for interest rates and the […]