{"id":108890,"date":"2024-12-03T02:22:00","date_gmt":"2024-12-02T22:22:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=108890"},"modified":"2024-12-03T03:23:54","modified_gmt":"2024-12-02T23:23:54","slug":"market-drivers-us-session-24","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/market-drivers-us-session-24\/12\/03\/market-updates\/","title":{"rendered":"Market Drivers; US Session"},"content":{"rendered":"Dollar Soars on JOLTs Anticipation, Geopolitical Tensions<br \/><br \/>Euro slumps amid French political turmoil<br \/>Pound, Aussie, and Yen under pressure<br \/>Oil prices steady, Gold and Silver retreat<br \/>Option 3: More Detailed and Analytical<br \/><br \/>The US Dollar Index (DXY) gained momentum on Tuesday, surpassing the 106.70 level. This surge was fueled by a combination of factors, including escalating geopolitical risks, particularly Trump&#8217;s renewed tariff threats and political instability in France. Additionally, the market&#8217;s focus shifted to the upcoming JOLTs Job Openings report, which is expected to provide insights into the health of the US labor market.<br \/><br \/>The Euro, on the other hand, faced significant headwinds due to rising political unrest in France. EUR\/USD broke below the crucial 1.0500 level, signaling a potential further decline.<br \/><br \/>The British Pound, Australian Dollar, and Japanese Yen also experienced downward pressure. GBP\/USD retreated from recent highs, while AUD\/USD breached the 0.6500 support level. USD\/JPY, after an initial surge, retreated from the 150.70 zone.<br \/><br \/>In the commodity markets, oil prices stabilized near the $68.00 per barrel mark as traders weighed geopolitical risks against the state of the US economy. Gold and Silver prices, which had been on a recent upward trend, retreated due to the stronger US Dollar and mixed US Treasury yields.<br \/>","protected":false},"excerpt":{"rendered":"<p>Dollar Soars on JOLTs Anticipation, Geopolitical TensionsEuro slumps amid French political turmoilPound, Aussie, and Yen under pressureOil prices steady, Gold and Silver retreatOption 3: More Detailed and AnalyticalThe US Dollar Index (DXY) gained momentum on Tuesday, surpassing the 106.70 level. This surge was fueled by a combination of factors, including escalating geopolitical risks, particularly Trump&#8217;s &hellip;<\/p>\n","protected":false},"author":13,"featured_media":53046,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,37,36],"tags":[],"class_list":["post-108890","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/108890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=108890"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/108890\/revisions"}],"predecessor-version":[{"id":108892,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/108890\/revisions\/108892"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53046"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=108890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=108890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=108890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}