May 16, 2024
Via: DailyFXIn the ever-changing world of trading, it’s easy to be tempted by the herd mentality – buying into surging markets and panicking during downturns. Yet, experienced traders recognize the potential embedded within contrarian approaches. These strategies involve going against the […]
October 13, 2023
Via: DailyFXThe U.S. dollar, as measured by the DXY, embarked on a furious rally on Thursday after hotter-than-expected U.S. September inflation data sent Treasury yields sharply higher and increased the likelihood that the Fed will deliver another quarter-point rate hike at […]
April 21, 2023
Via: DailyFXThe Dollar Index (DXY) has managed to trade marginally higher this Friday morning as we enter the European session. In what has been a muted Asian session, the greenback has found support from hawkish Fed speak last night. The Fed’s […]
June 23, 2022
Via: DailyFXU.S. economic activity continued to decelerate at the tail end of the second quarter, weighed down by sky-high price pressures and weakening demand conditions. According to S&P Global, its Flash Composite Purchasing Managers’ Index, which combines manufacturing and services production […]