January 17, 2024

Dollar's Ascendancy: Surging to a Five-Week High Amidst Anticipation of US Retail Sales Data

Surging to a Five-Week High of US Retail Sales Data

Surging to the ever-evolving landscape of global finance, the US dollar stands tall, ascending for the fourth consecutive session and reaching a five-week pinnacle against major rivals. This article unpacks the driving forces behind the dollar’s robust performance, exploring the impact of Federal Reserve remarks, rising US yields, and the imminent release of crucial retail …

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Concerns about China, Dollar's Strength, Push Palladium Lower

Concerns about China, Dollar’s Strength, Push Palladium Lower

Concerns about China world of commodities is buzzing, and palladium, a key player in the metals market, is taking center stage. In this article, we delve into the reasons behind the recent decline in palladium prices, exploring the impact of a strengthening dollar and lingering concerns about China’s economic trajectory. 1. Palladium’s Plunge: A Dollar-Driven …

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