The dollar slipped against the euro, as the common currency recovered from the more than one-month lows hit last week amid political turmoil in Europe.
The Euro got a slight bump of 0.2% against the Dollar in the last session. The CCI’s is giving a positive signal.
The Euro-Dollar pair gained a moderate 0.2% in the last session.
The CCI is giving a positive signal.
Support: 1.0694 | Resistance: 1.0716
Oil prices rose by more than a dollar a barrel to start the week, adding to last week’s gains as investors turned more optimistic on demand growth in the months ahead.
WTI/USD exploded 2.6% in the last session.
The MACD is giving a positive signal.
Support: 78.1067 | Resistance: 78.6267
The Nasdaq eked out a fifth straight record closing high following gains in Adobe and other technology-related shares, while the S&P 500 and Dow ended slightly lower. The S&P 500 ended its four-day run of record closing highs, but still climbed more than 1% for the week.
Gold prices rose over 1% and notched their first weekly gain in four, as signs of slowing inflation in the U.S. raised hopes of a rate cut later this year and a stock selloff across Europe also lent support.
The Gold-Dollar pair exploded 1.3% in the last session. The ROC is giving a positive signal.
Support: 2277.6233 | Resistance: 2339.6533
More than $100 billion has been raised for cryptocurrency startups since the end of May 2014, with funding in May 2024 hitting 280 million. Cryptocurrency startup funding reached its zenith in October of 2021 with more than $7 billion dollars raised.
The number of Americans filing new claims for unemployment benefits increased to a 10-month high last week, suggesting the labor market was losing momentum and keeping hopes of a September interest rate cut from the Federal Reserve alive.
