The dollar index keeps firm tone and penetrating thickening weekly cloud in early Monday (cloud base lays at 105.25) after registering a weekly close above pivotal Fibo barrier at 105.13 (38.2% retracement of 114.72/99.20 downtrend) which generated strong bullish signal. Last week’s advance marked the tenth consecutive week of gains, with the index being on […]
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The American stock market — which consists of the two major American exchanges, the NYSE and the Nasdaq — is typically open from 9:30 am to 4:00 pm Eastern Time Monday through Friday. Each exchange Read more…
Austrian ECB Governing Council member Robert Holzmann expressed skepticism over a potential rate cut at ECB’s upcoming January meeting. In an interview with Politico, Holzmann stated, “A cut is not a foregone conclusion for me Read more…
China’s central bank maintained its benchmark lending rates unchanged on Monday. The one-year loan prime rate was steady at 3.1%, while the over-five-year LPR, which influences mortgage rates, remained at 3.6%. The offshore Yuan strengthened Read more…