As shown on the chart of the UK stock index FTSE 100 (UK 100 on FXOpen): → It has risen by over 3% in three days; → It is near the record high set in May last year and may reach the psychological level of 8500 points. Bullish sentiment has been supported by yesterday’s news […]
Nov 13, 2024
Dollar Index Outlook: Bulls Reduce Speed Ahead of US Inflation Data
The Dollar index keeps firm tone and holding above former top 105.79 but near term action turned to the quiet mode in early Wednesday, ahead of key economic event today – US inflation data. Recent strong bullish acceleration after the dollar was lifted by US election results (so-called Trump trades) has slowed, as markets look […]
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