Tag Archives: Michigan Consumer Sentiment

The US Dollar Index retreated, putting the 103.00 support to the test, dropping back below the important 200-day SMA. On Friday, all eyes will be on January’s nonfarm payrolls, the unemployment rate, factory orders, and the final print of Michigan Consumer Sentiment.Renewed selling pressure in the dollar, combined with more …

The Pound Sterling surged against the dollar following the US Nonfarm Payroll data release, which added 216K new jobs in December. Despite revisions to key datasets, markets surged on the NFP forecast-beater, pushing the US Dollar broadly lower and sending the Pound Sterling to a new 2024 high. US Average …