, which probably would not have worked well if attempted.at 4172 if it was reached. This could have worked well by going long on Wednesday’s open above that level, which would have netted a profit of 2.10% over the rest of the week.
The risk-on rally that had already been showing signs of emerging came into full bloom after the release of the US CPI data, and the week ended with the S&P 500 Index having recovered more than half its losses incurred during the calendar year of 2022.The US stock market is still in a bear market, but rose again last week, although the US yield curve remains inverted. The US has seen two successive quarters of GDP contraction but is not officially in a recession.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AUD/USD eases from two-month peak on modest USD strength, downside seems cushionedAUD/USD eases from two-month peak on modest USD strength, downside seems cushioned – by hareshmenghani AUDUSD Fed RiskAppetite Majors Currencies
Source: FXStreetNews - 🏆 14. / 72 Read more »
AUD/USD Forecast: Aussie Approaches the 200-Day EMAThe fight over the next week or so could determine where the Aussie dollar goes longer-term. AUDUSD $AUDUSD forex forexmarket
Source: Daily_Forex - 🏆 567. / 51 Read more »
AUD/USD Price Analysis: Inverted head-and-shoulders confirmed, targets 0.7440AUD/USD Price Analysis: Inverted head-and-shoulders confirmed, targets 0.7440 – by christianborjon AUDUSD Majors Technical Analysis ChartPatterns SupportResistance
Source: FXStreetNews - 🏆 14. / 72 Read more »
ETH/USD Forecast: Continues to Power Through ResistanceThe Ethereum market has rallied a bit during the trading session on Thursday as we continue to see a little bit of bullish pressure.
Source: Daily_Forex - 🏆 567. / 51 Read more »
S&P 500, Nasdaq close up 4th straight week as optimism growsWall Street's main indexes rose, setting the S&P 500 and the Nasdaq for a fourth straight week of gains.
Source: Reuters - 🏆 2. / 97 Read more »
NASDAQ 100 Forecast: Index Has a Wicked ReversalThe NASDAQ 100 gaps higher to kick off the trading session on Thursday, but then turns right back around at the 13,500 level to show signs of exhaustion.
Source: Daily_Forex - 🏆 567. / 51 Read more »