US Dollar Index (DX) Futures Technical Analysis – Upward Trend on Higher Rate Hike Expectations

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The U.S. Dollar is on the rise against a basket of major currencies following stronger-than-expected jobs data, leading to higher rate hike expectations.

Stock Market Surges on Interest Rate Hike, Jobs Report, and Key Earnings

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The stock market saw a significant surge this week as investors processed the latest interest rate hike from the Federal Reserve, impressive January jobs report, and key earnings from companies such as Facebook’s parent company, Meta Platforms, and Peloton.

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