Positive Breakout: These 7 stocks cross above their 200 DMAs

In the Nifty200 pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on April 21, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day […]

Dollar wallows near 3-year low as Trump’s attacks on Fed chief unnerve traders

The dollar weakened near a three-year low as President Trump’s criticism of Fed Chair Powell undermined investor confidence. Concerns arose about potential actions to replace Powell, triggering fears of a dollar panic. Escalating trade tensions with China further fueled economic anxiety, contributing to the dollar’s decline against major currencies like the euro and Swiss franc.