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The dollar index has been on an upward trajectory since late September. Still, the currency market has been late in joining the move in US long-term bonds, where yields are rising following the Federal Reserve’s decisive easing. The idea behind this dynamic, while atypical, is quite simple: decisive interest rate cuts will boost economic growth […]

The post Rising Treasury Yields Attract Dollar Interest appeared first on Action Forex.

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14/05/2024

Platinum Wave Analysis

Platinum reversed from resistance level 1010.00 Likely to fall to support level 990.00 Platinum just reversed down from the major resistance level 1010.00, which has been reversing the price from the end of December. The resistance level 1010.00 stands well above the upper daily Bollinger Band – increasing the possibility of the sharp correction in […]
14/10/2024

BTCUSD – Fresh Bulls Broke Through 200DMA Which Capped Action for Two Weeks

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