Monthly Archives: November 2024
U.S Dollar Jumps on Heightens Treasury Yield
Written on November 1, 2024 at 6:50 am, by
Market Summary The U.S. dollar has continued to strengthen against major currencies, supported by a sharp rise in long-term Treasury yields, which have reached their highest level since July. The market appears to be pricing in a soft landing by the Federal Reserve, particularly as the U.S. presidential election nears. Investors are preparing for theContinue Reading
U.S Dollar Jumps on Heightens Treasury Yield
Written on November 1, 2024 at 6:50 am, by
Market Summary The U.S. dollar has continued to strengthen against major currencies, supported by a sharp rise in long-term Treasury yields, which have reached their highest level since July. The market appears to be pricing in a soft landing by the Federal Reserve, particularly as the U.S. presidential election nears. Investors are preparing for theContinue Reading
Dollar Stays Strong as U.S. Election is Approaching
Written on November 1, 2024 at 6:17 am, by
Market Summary Safe-haven gold continues to trade within a bullish trajectory as traders closely watch developments in the Middle East. With the U.S. presidential election looming, demand for gold has surged due to the uncertainty surrounding the event. Meanwhile, silver has exhibited extreme bullish momentum, rising nearly 7% last week and holding at its highestContinue Reading
