The Greenback Is Weakening And Testing Major Support

2 years ago

U.S. Dollar Index (USDX) The dollar retreated on Thursday as market expectations mounted that the Federal Reserve would tone down…

Australian inflation spikes, Oil stockpiles increase, and dollar weakens

2 years ago

Australia saw a large spike in inflation this year as the country rolled back most COVID-era restrictions. But the aftermath…

Fed Hikes Might Slow and the Greenback Remains Solid

2 years ago

The Greenback slows a bit as expectations of lower hikes are increasing while U.S. Treasury yields remained pinned near their…

The Dollar Holds, BOJ Intervenes, and Sterling Rebounds

2 years ago

The U.S. dollar was steady this morning as the dollar index traded around 112 during the Asian session. Meanwhile, the…

Further Fed hikes coming, and the Recession might be near

2 years ago

The Federal Reserve is expected to keep raising interest rates at a fast pace to combat inflation, a move that…