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Sentiment sours after strong US PMIs; stocks slip, dollar climbs

May 24, 2024 XM.com
Sentiment sours after strong US PMIs; stocks slip, dollar climbs
Global Market Insights - Forex, Futures, Stocks
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Global Market Insights - Forex, Futures, Stocks
Sentiment sours after strong US PMIs; stocks slip, dollar climbs
May 24, 2024
XM.com

Rate cut expectations take another hit after upbeat PMIs. Dollar rises to 10-day high, Nvidia rally unable to lift Wall Street. Higher for longer weighs on oil and gold.

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Show Notes

Rate cut expectations take another hit after upbeat PMIs. Dollar rises to 10-day high, Nvidia rally unable to lift Wall Street. Higher for longer weighs on oil and gold.

Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.

Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en

Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning

Receive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlook

In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.