Dow’s 3-Day Rally Rolls On as Hopes for December Rate Cut Build
Tuesday saw the Dow maintain its winning streak, rising more than 650 points as traders became increasingly confident that the Fed would lower interest rates in December. The index closed at 47,112.45 after rising 664 points, or 1.43%. The Nasdaq increased 0.67% to close at 23,025.59, while the S&P 500 increased 0.91% to 6,765.88. Things […]
Silver Rises Due to Fed Dovish Expectations: XAG/USD Rises to $52
Silver keeps climbing—XAG/USD is pushing toward $52, marking its third day in a row of gains. What’s driving this run? US Treasury yields are dropping, and traders are betting hard that the Fed’s going to cut rates again before the year wraps up. Fed President John Williams Dropped a Hint Right now, the 10-year Treasury […]
NZD/USD Goes Down Toward 0.5700 While Breaking the Short-term Barrier
On the last Wednesday in November, the NZD/USD gained momentum, going up more than 1%, sitting near 0.5690 in Asia’s session. This time, it climbed past the nine-day EMA, hinting at fresh short-term power. But let’s be real—the bigger trend still points down. The daily chart makes that obvious, so investors aren’t exactly piling in […]