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Tag: US Dollar

Gold Extends Rally, Soaring Toward $3,400 Amid Weak US Dollar and Trade Tensions

Gold (XAU/USD) kicked off the week with a fresh surge, climbing to…

GBP/USD Surges Past 1.3400 as US Dollar Struggles Amid Fed Independence Concerns

The GBP/USD pair soared past 1.3400 during Monday's European trading session, marking…

US Dollar Index Stays Near 99.50 as Markets Quiet on Good Friday

The US Dollar Index (DXY), which tracks the performance of the US…

Forex Market Update: Mexican Peso Surges, British Pound Hits Multi-Year High

The foreign exchange market witnessed some interesting shifts today, with the Mexican…

Traders Eye ‘Once-in-a-Generation’ Opportunity in Emerging Markets Bonds

Traders are lining up for what they deem a "once-in-a-generation" opportunity in…

Asia Stocks Rally on China’s Market Support, Energy Sector Strength

Asian stocks surged following China’s latest initiatives to bolster its equity market…

Dollar’s Strongest Start in a Decade Stumbles Ahead of Crucial Inflation Data

The robust beginning of the year for the US dollar, marking its…

Euro Expected to Surge 10% in 2024 Amid Dollar Weakness and Repatriation, Predicts RBC

According to RBC Global Asset Management's 2024 investment outlook, the euro is…

Dollar Hits Four-Month Low as Fed Signals Shift: Traders Brace for Rate Cuts

The US dollar experienced a significant decline, reaching its lowest point since…

Asian Stocks Mixed as Investors Await Fed Decision; Oil Prices Decline to Six-Month Lows

Asian markets displayed a mixed performance on Wednesday, accompanied by a slump…