The US dollar saw a boost from a combination of lackluster corporate earnings, safe-haven demand, and signs of the US economy’s resilience. Notably, the US economy posted robust annualized growth of 4.9% in Q3 2023, despite higher interest rates. Core PCE prices and personal spending further reinforced the notion of sustained economic strength.
Tech View: Nifty’s drop below 24,350 could trigger a slide to 24K in near term. How to trade tomorrow
Nifty’s trend remains weak, currently positioned near a critical support level on the weekly charts, suggesting a potential for an upside bounce from current or