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As we delve into recent happenings on Wall Street and beyond, it’s crucial to keep track of fluctuations affecting your investments: 1️⃣ First off is Apple’s recent dip; shares fell approximately *2%, driven primarily* due to underwhelming *revenue figures coming out of China*. Despite being one of tech’s giants globally, even Apple isn’t immune to
In the panoramic scene of financial markets on September 29, 2024, a diverse narrative unfolds across forex rates, equity indexes, and cryptocurrencies. Here, we dissect the economic entanglements and their reverberations through different market segments. EUR/USD Sees a Favorable Tilt The Euro has shown resilience against the U.S. Dollar as it steadied at around 1.1170
The Future of US Dollar The Daily Sentiment Index (DSI) indicates whether an asset is overbought or oversold. Gold and silver are considered insurance against government abuse of the monetary system, and they can sit at 90s DSI for quite a while as the price stagnates or moves a bit higher. Silver is still undervalued,
Bitcoin is preparing for a next leg above $69K, while Ethereum is aiming for $4K as key trading levels are set Bitcoin and Ethereum are both facing significant resistance and potential profit-taking due to overbought conditions. Bitcoin started the week with positive momentum but faced selling pressure after attempting to break $69,000, dropping to $59,000
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