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The oil/dollar pair fell by 0.3% in the last session. The Rate of Change (ROC) indicator is giving a positive signal.
The AUD/USD pair saw minor fluctuations in the last session. The Williams Percent Range indicator is giving a positive signal.
The EUR/USD pair traded sideways in the last session. The Stochastic RSI is giving a positive signal.
The USD/JPY price remained largely unchanged in the last session. The Rate of Change (ROC) indicator is giving a positive signal.
The Federal Reserve is in focus next week as uncertainty swirls over interest rate cuts at its monetary policy meeting. The S&P 500 Index is just 1% shy of its July record high. Intel Corp has qualified for up to $3.5 billion in federal grants to make semiconductors for the US Department of Defense. Nvidia's 140% stock surge this year has accounted for about a quarter of the S&P 500's 17.7% gain, raising concerns about market vulnerability.
Key economic events to look out for include:
