by SignalsFactory Staff | Oct 19, 2023 | Uncategorized
The index meets resistance around the 106.50 area. Chief Powell will discuss the Economic Outlook later in the session. Weekly Claims, Philly Fed index, Fedspeak take centre stage as well. The greenback exchanges gains with losses in the mid-106.00s when tracked by...
by SignalsFactory Staff | Oct 13, 2023 | Uncategorized
USD/CAD meets with some supply on Friday, though the downside seems limited. An uptick in Oil prices underpins the Loonie and exerts pressure amid a softer USD. Bets for one more Fed rate hike in 2023 should limit losses for the buck and the pair. The USD/CAD pair...
by SignalsFactory Staff | Oct 11, 2023 | Uncategorized
The FTSE 100 has seen four consecutive days of gains as more and more Fed members hold dovish views and some believe that the high US yields are having the desired restrictive effect with no more rate hikes expected to be seen this year. On Tuesday the UK blue chip...
by SignalsFactory Staff | Oct 10, 2023 | Uncategorized
Bitcoin price is up 68% since the January 1 low of $16,499, holding above the 50% of 2023 market range. NYDIG Q3 research shows BTC is the best-performing asset class of the year on asset class returns metrics. ETF continue to be top of mind for BTC potential drivers...
by SignalsFactory Staff | Oct 5, 2023 | Uncategorized
The US Dollar Index sees a mild decline for Wednesday, slipping back past the 107.00 level. Downside momentum likely to remain limited as US Treasury yields, US economic data continue to hold on the high end. The DXY is up 3.2% on the year, 7.25% from 2023’s...
