The U.S. dollar showed slight weakness on Monday, according to the DXY index, amidst a blend of mixed U.S. Treasury yields and reduced trading activity, with the UK markets closed for a bank holiday. The dollar’s performance varied, losing ground against major currencies such as the euro and the pound, yet gaining against the yen. FX Market Insights...
Finding yourself blank and sluggish because you couldn’t sleep through the night? Quality sleep is essential for our overall health, preparing us for the physical, mental, and emotional demands throughout the day. That’s why PUREDOSE Micelle Liposomal Magnesium was made. PUREDOSE Micelle Liposomal Magnesium is a mineral supplement crafted by Purality...
April’s Jobs Report Friday’s U.S. jobs data brought optimism among Federal Reserve doves. The labor market in April showed signs of a slowdown, with the economy adding only 175,000 nonfarm jobs. Wage growth fell to below 4%, still double the Fed’s inflation target but on a downward trend. The unemployment rate rose to 3.9%, compared to the anticipated...
Last week was marked by significant market fluctuations due to hedging flows, with implied volatility measures like the VIX fluctuating wildly. As a result, it was challenging to interpret the underlying market sentiment. Friday was particularly frustrating because, despite the equity market rallying by 1% as expected due to short-term implied volatility...
Gold (XAU/USD) fell for the second week in a row, with prices staying just over the critical $2,300 level. Market volatility remained relatively low following key developments, particularly the Federal Reserve’s monetary policy statement and the US employment report released on Friday. Despite these causes, gold prices have struggled to maintain momentum....
Fed’s Dovish Stance and Weak Job Data The US dollar, as measured by the DXY index, fell significantly over the last week, temporarily reaching its lowest level since April 10th. This decline was mostly due to lower US Treasury yields following the Federal Reserve’s dovish policy decision and weaker-than-expected US job data. Fed Chair Powell’s...