Central Banks are Imposing Their Say on the Markets This Week

2 years ago

Market News Summary The dollar stabilized on Monday and moved away from its lowest level in eight months while awaiting…

GDP is Higher Than Expected and PCE Due Today

2 years ago

U.S. real gross domestic product (GDP) increased at an annual rate of 2.9% in the fourth quarter of 2022, according…

Glooming Corporate Earnings Stoke Recession Fears

2 years ago

U.S. Dollar Index (USDX) The dollar held close to an eight-month low against its peers on Thursday, as a gloomy…

U.S. Economic Expectations Raise Further Worries

2 years ago

U.S. Dollar Index (USDX) The U.S. dollar weakened 0.1% this morning ahead of the PCE data due on Thursday. Markets…

The Greenback Weakens Ahead of the GDP Data

2 years ago

U.S. Dollar Index (USDX) The dollar was on the weaker side this morning, hovering near an eight-month low at 101.51,…

Euro Trades Near Nine Months Peak

2 years ago

U.S. Dollar Index (USDX) This morning, the U.S. dollar traded horizontally ay, and the reading is expected to show a…

Crude Oil Gains on China Economy Optimism

2 years ago

U.S. Dollar Index (USDX) The U.S. dollar traded horizontally this morning as fears of an economic slowdown dented risk sentiment.…

Gold Remains Supported by The Recessionary Uncertainty

2 years ago

U.S. Dollar Index (USDX) The dollar rose broadly on Thursday as growing concerns about the U.S. economy drove demand for…

Safe Havens Demand Rises

2 years ago

U.S. Dollar Index (USDX) The U.S. dollar index bounced from a seven-month low of 101.77 made a day ago and…

Caution and Holidays are Slowing Market Momentum

2 years ago

U.S. Dollar Index (USDX) The U.S. dollar stabilized in early European trade, trading just above a seven-month low on rising…