US DOLLAR STRENGTHENED BY TREASURY YIELDS; OUTLOOK FOR GOLD, GBP/USD, EUR/USD

Tina Collins

27 Dec 2024

The US Dollar Index (DXY) remains strong at 108.16, supported by higher Treasury yields near 4.6%.

Durable Goods Orders dropped by 1.1% in November.

Consumer Confidence fell to 104.7 in December, showing mixed economic data.

DXY support at 107.93, with a potential rise to 108.90 if it breaks above 108.54.

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ECB MEMBER ELDERSON WARNS OF RISKS OF RAPID RATE CUTS!

CHINA'S IMPORTS OF RUSSIAN OIL HIT RECORD HIGH LAST YEAR

CHINA'S VICE PRESIDENT HAN ZHENG MEETS MUSK AND VANCE, DISCUSSES CHINA-US RELATIONS

DOW RISES MORE THAN 300 POINTS, S&P 500 HEADS FOR BEST WEEK SINCE NOVEMBER AS RATES FALL