MHMarkets：2024.03.27 MHM European Time Analysis
In the latest market wrap focusing on the foreign exchange sector, the U.S. dollar index showed minimal movement, holding at 104.31.
MHMarkets：March 27, 2024 Economic Highlights
On Tuesday, due to February's US durable goods orders growth exceeding expectations and an optimistic economic growth outlook for the first quarter in the US, the US dollar index initially fell but then rose, briefly touching below the 104 mark before recovering during the US trading session, closing up 0.07% at 104.29.
Macro data boosted, with the US dollar slightly rising on Tuesday Gold's rise is hindered by the $2,000 mark
Macro data boosted, with the US dollar slightly rising on Tuesday Gold's rise is hindered by the $2,000 mark
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Dollar Bolsters by Upbeat Economic Data
The dollar index (DXY) saw an uptick yesterday amid favourable economic indicators, reinforcing the perception of a robust U.S. economy.
Today's Economic Highlight
Market Review | March 27, 2024
MHMarkets：2024.03.26 MHM European Time Analysis
In the foreign exchange market, the U.S. dollar showed a decline against a basket of major currencies, with the dollar index dipping to 104.22.
MHMarkets：March 26, 2024 Economic Highlights
On Monday, the U.S. dollar index gave back some of its gains, briefly approaching the 104 mark, and closed down 0.19% at 104.22. The benchmark 10-year U.S. Treasury yield returned above the 4.2% level, closing at 4.246%, while the 2-year U.S. Treasury yield, most sensitive to Federal Reserve policy interest rates, closed at 4.63%.
Market Trades Dully Ahead of PCE
The market exhibited relative quietness in yesterday's trading session as investors positioned themselves ahead of Friday's release of the PCE index.
Market digestion of early gains The US dollar fell slightly on Monday, while gold rose slightly
Market digestion of early gains The US dollar fell slightly on Monday, while gold rose slightly
WCG Markets:2024-03-26
WCG Markets:2024-03-26
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Today's Hot Financial News
Market Review | March 26, 2024
MHMarkets：2024.03.25 MHM European Time Analysis
The forex market saw the U.S. dollar continuing its strengthening trend against other major currencies, with the dollar index reaching 104.41. The EUR/USD and GBP/USD experienced declines despite some economic indicators outperforming expectations
MHMarkets：March 25, 2024 Economic Highlights
Last Friday, as the market began to consider the possibility of the Federal Reserve delaying rate cuts, the U.S. dollar index continued to strengthen, closing up 0.44% for the second consecutive week at 104.42. The benchmark 10-year U.S. Treasury yield fell below the 4.2% level, closing at 4.194%, while the 2-year U.S. Treasury yield, most sensitive to Fed policy rates, closed at 4.596%.
Sticky Inflation Bolsters Dollar
Sticky Inflation Bolsters Dollar
The attitude of the Federal Reserve is relatively hawkish, and the US dollar rose significantly last Friday Terror attacks may cause gold bulls to regain their strength
The attitude of the Federal Reserve is relatively hawkish, and the US dollar rose significantly last Friday Terror attacks may cause gold bulls to regain their strength
Today's Financial Spotlight
Market Review | March 25, 2024
MHMarkets：2024.03.22 MHM European Time Analysis
The forex market witnessed a notable rebound in the U.S. dollar index, reaching 104.02, as major currencies like the EUR/USD, GBP/USD, and AUD/USD experienced declines against the strengthening dollar.