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* Driven by robust economic indicators, the Dollar Index surges, supported by better-than-expected economic performance, with January’s inflation exceeding expectations at 0.30% monthly and 3.10% year-on-year. * Market sentiments indicate a shift in Federal Reserve policy expectations, with no March rate cut, less than a 50% chance in May, and an 80% probability for aContinue Reading

* Dollar in consolidation mode ahead of key economic data, investors are advised to continue eyeing on US CPI, which due release later this week for further trading signals. * Oil prices continue their upward trajectory amid persistent global supply concerns. Ongoing tensions in regions like the Red Sea and geopolitical factors, including Israel-Hamas negotiations,Continue Reading

* After a four-week climb, the Dollar Index sees a slight pullback as investors engage in profit-taking, fueled by positive economic indicators suggesting a potential delay in the Federal Reserve’s easing policy. * The week features a packed US economic calendar with events like retail sales and Federal Reserve speeches. Fundamental Overview The Dollar IndexContinue Reading

* Ceasefire talk between Israel and Hamas on halt heightened geopolitical uncertainty in the region. * Initial Jobless Claims came lower-than-expected fuels U.S. dollar strength. * BTC traded above the $45000 level for the first time since the BTC ETF was approved. Fundamental Overview Crude oil prices experienced a notable ascent of over 3% inContinue Reading

Tuesday, 13 Feb, 15:30 – US CPI (YoY) (Jan) Consumer prices for a range of goods and services surged beyond expectations in December, as reported by the Labor Department. The Consumer Price Index (CPI) for 2023 ended at 3.4%, slightly surpassing the previous figure of 3.1%, while economists had anticipated a reading of 3.2%. ThisContinue Reading