S&P 500 Outlook: Consumer Confidence Falls, Debt-Ceiling Deal Faces Major Test
S&P 500 continues to be driven by the AI frenzy, with traders ignoring macroeconomic data and political developments in Washington
Source: dailyfx.com
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EUR/USD on Cusp of Major Breakdown as US Dollar Embarks on Strong Recovery
EUR/USD has fallen significantly in recent weeks, hit by the broad-based U.S. dollar strength, with the pair now testing trendline support, the last line of defense against a deeper pullback.
Source: dailyfx.com
Gold Fades but Upside Still Favored as Debt-Limit Talks Hit Crunch Time
Gold was subdued on Monday, pressured by rising U.S. treasury yields, but prices may rebound in the coming days if U.S. lawmakers fail to reach a deal to raise the debt limit soon.
Source: dailyfx.com