Kathy Lien
BK Asset Management
Here are 4 reasons why the US dollar is very strong
Here's 4 Reasons for Strong US Dollar and My Thoughts on What Could Trigger a Sustainable Decline
— Kathy Lien (@kathylienfx) September 28, 2023
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Editors’ Picks
EUR/USD stays below 1.1050 as mood sours
EUR/USD struggles to stage a rebound and trades below 1.1050 on Tuesday. In the absence of high-tier macroeconomic data releases, the negative shift seen in risk mood supports the US Dollar and doesn't allow the pair to gain traction.
GBP/USD struggles to gather recovery momentum, trades below 1.3100
GBP/USD continues to fluctuate below 1.3100 in the second half of the day on Tuesday. Following a short lasting recovery attempt on UK employment data earlier in the day, the pair finds it difficult to gather momentum amid souring risk mood.
USD/JPY stalls upside near 143.50, as risk sentiment sours
USD/JPY turns south toward 143.00 early Tuesday, having faced rejection near 143.50. The pair is weighed down by the renewed haven demand for the Japanese Yen, as China's slowdown woes temper risk sentiment. The downside, however, could be capped by the US Dollar recovery.
Editors’ Picks
EUR/USD stays below 1.1050 as mood sours
EUR/USD struggles to stage a rebound and trades below 1.1050 on Tuesday. In the absence of high-tier macroeconomic data releases, the negative shift seen in risk mood supports the US Dollar and doesn't allow the pair to gain traction.
GBP/USD struggles to gather recovery momentum, trades below 1.3100
GBP/USD continues to fluctuate below 1.3100 in the second half of the day on Tuesday. Following a short lasting recovery attempt on UK employment data earlier in the day, the pair finds it difficult to gather momentum amid souring risk mood.
Gold trades around $2,500 as 50 bps rate cut bets dwindle
Gold is exchanging hands at around the $2,500 mark on Tuesday, sticking within its familiar range of the last few weeks as traders assess the outlook for monetary policy and the future path of interest rates in the US, a key performance indicator for Gold.
How the Fed's rate cuts and weakening job market impact stock trading in 2024
For the past two years, equity traders have been closely monitoring inflation reports, particularly the Consumer Price Index (CPI), as a key indicator of the Federal Reserve’s approach to managing the economy.
Dogecoin leads meme coin recovery following positive investor sentiment
Dogecoin is up more than 8% on Monday, as it's leading the entire meme coin sector on a rebound. The top meme coin could see a massive rally if it completes a key move within a falling wedge.
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