Category: weakens
-
Dogecoin Momentum Weakens: RSI Signals Bearish Continuation To $0.3
•
Dogecoin price action has entered a critical phase as technical indicators, especially the Relative Strength Index (RSI), indicate continued bearish momentum. After a steady downtrend, the RSI fell below the neutral 50% level, indicating increasing selling pressure and waning bullish interest. This shift in momentum puts the $0.3 support level…
-
Shekel weakens sharply against US dollar
•
The shekel is weakening sharply today against the US dollar and is strong against the euro. In the afternoon of interbank trading, the NIS-USD exchange rate rose 1.40%, to NIS 3.678/$, and the NIS-Euro rate rose 0.16%, to NIS 3.782/EUR. Yesterday, the Bank of Israel set the shekel-to-representative dollar rate…
-
Shekel weakens against dollar after Fed meeting
•
Although the US Federal Reserve cut interest rates by 0.25%, it indicated only two rate cuts in 2025 compared to the four previously expected. The shekel is weakening sharply today against the US dollar and is strong against the euro. In late morning interbank trading, the NIS-USD exchange rate rose…
-
Dollar Weakens as US Polls Signal No Clear Leader: Markets Wrap
•
Breadcrumb links BMN Business The dollar fell after the latest set of opinion poll data for the US presidential elections showed no clear advantage between Kamala Harris and Donald Trump. Oil rose after OPEC+ postponed the production increase. Article writer: Bloomberg News Richard Henderson Published on November 3, 2024 •…
-
Shekel weakens sharply on Iran escalation concerns
•
Perico: There is no change in our assessment, as the possibility of the shekel’s value rising is still limited, and the dollar may once again test the level of 3.8 shekels to the dollar. The shekel is weakening sharply today against the US dollar and the euro. This afternoon, the…
-
Asia FX weakens, dollar at over 2-mth high on bets of smaller rate cuts By Investing.com
•
Investing.com — Most Asian currencies fell on Tuesday, while the dollar held steady at its highest level in more than two months amid continued bets that the Federal Reserve will cut interest rates at a slower pace. Comments made by Federal Reserve officials have reinforced this idea, especially after recent…
-
Asia FX muted with focus on China stimulus; yuan weakens on soft inflation By Investing.com
•
Investing.com — Most Asian currencies were marginally lower on Monday, as traders digested moderate signals from China on its fiscal stimulus plans, while the yuan fell after weaker-than-expected inflation data. The dollar rose slightly, with focus shifting to a slew of Federal Reserve spokesmen this week for further signals on…
-
Dollar edges higher ahead of Fed minutes; euro weakens By Investing.com
•
Investing.com – The US dollar rose on Wednesday ahead of an opportunity to assess US interest rate expectations, while the euro fell. At 04:10 EDT (08:10 GMT), the dollar index, which tracks the US currency against a basket of six other currencies, rose 0.1% to 102.387, not far from its…
-
Dollar edges higher ahead of Fed minutes; euro weakens By Investing.com
•
Investing.com – The US dollar rose on Wednesday ahead of an opportunity to assess US interest rate expectations, while the euro fell. At 04:10 EDT (08:10 GMT), the dollar index, which tracks the US currency against a basket of six other currencies, rose 0.1% to 102.387, not far from its…
-
Dollar weakens after inflation data, Yen surges on Ishiba win By Reuters
•
Written by Chuck Mikolajczak NEW YORK (Reuters) – The dollar fell on Friday after a U.S. inflation reading indicated continued easing of price pressures, while the yen rose against the greenback after Shigeru Ishiba, seen as an interest rate hawk, became Japan’s prime minister. Next. . The U.S. personal consumption…
-
XRP Price At Risk Of Major Crash As Trendline Weakens
•
XRP price still Trading around the $0.6 thresholdand investors are Expect an eventual breakup.In the coming weeks, and in an interesting shift in expectations, an interesting shift in perspective has recently emerged, sparked by a well-known cryptocurrency analyst suggesting that XRP may be closer to a major crash than a…
-
TASE falls, shekel weakens after explosions in Lebanon
•
Lebanese Health Minister Firas Abiad announced that 2,750 Hezbollah members were seriously injured, and at least eight people were killed after the pagers they used for communication exploded. Updated on 18.40 Arab media reported that 2,750 Hezbollah members were seriously injured and at least eight people were killed after their…
-
Dollar weakens, yen strengthens as bets firm on aggressive Fed rate cut By Reuters
•
By Vidya Ranganathan and Samuel Indyk LONDON (Reuters) – The dollar fell and the yen hit its highest in more than a year on Monday as market participants grew more expectant of a large interest rate cut by the U.S. Federal Reserve later this week. The dollar fell to a…
-
USDJPY Technical Analysis – Fed “insider” Timiraos weakens the USD
•
Basic Overview Yesterday, around 1:00 p.m. EST, Timeraus of the Wall Street Journal published an article that seemed to suggest that a 50 basis point rate cut was still under discussion. The market responded by raising the odds of a 50 basis point rate cut to around 43% from 13%…
-
Forexlive Americas FX news wrap: US dollar weakens after softer ADP but ISM services firms
•
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
-
Forexlive Americas FX news wrap: US dollar weakens after softer ADP but ISM services firms
•
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
-
Dollar edges higher ahead of key data; euro weakens on German inflation By Investing.com
•
Investing.com – The U.S. dollar edged higher on Thursday, recovering from recent lows ahead of a series of key economic readings, while the euro retreated. At 04:10 ET (09:10 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was up 0.2% at 101.182, after…
-
Asia FX weakens as dollar regains some ground; Aussie buoyed by sticky CPI By Investing.com
•
Most Asian currencies fell on Wednesday as the dollar clawed back more recent losses, while the Australian dollar was an outlier as firm inflation data bolstered the case for a hawkish Federal Reserve. However, the US dollar’s recovery was limited, as were losses in regional markets, as traders remained optimistic…
-
Daily FX Market Review: U.S. Dollar Weakens to New Lows of the Year!
•
the US Dollar Index Gold hit a 2024 low last week after dovish comments from Federal Reserve Chairman Jerome Powell prompted global currency markets to expect a more dovish stance from the Fed than previously thought. This has led to continued selling pressure, causing the US dollar to fall to…