Technical Analysis

The Dollar Holds; Gold Falls, and The Euro Tests Resistance

Financial markets are waiting for the serious European inflation data and the U.S employment figures due this week. Meanwhile, the…

3 years ago

Employment Figures Are on the Way With Low Expectations

The Fed signaled it has no plans to ease on its path of monetary tightening. The move pushed the dollar…

3 years ago

Higher-For-Longer Interest Rates

Federal Reserve Chair Jerome Powell’s signal of higher-for-longer interest rates coursed through markets Monday, sinking stocks and equity futures and…

3 years ago

Powell Speech is the Focus of the Day

Market participants will closely follow clues from Fed Chairman Jerome Powell about the near future rate hikes. Additionally, they expect…

3 years ago

The Greenback Shakes Ahead of The Jackson Hole Symposium

The Jackson Hole Symposium Day! Traders are closely awaiting Fed’s Chairman's speech to cover the state of the US economy…

3 years ago

24 August 2022- Crude Oil Finds Shelter in Supply Figures

U.S. Dollar Index (USDX) The U.S. dollar steadied above 108.70 this morning, as investors await to hear from the Federal…

3 years ago

23 August 2022 – Dollar to New Highs; Euro at 20 Years Low

U.S. Dollar Index (USDX) The dollar held firm on Tuesday as a safe haven during the turbulence of the uncertainty.…

3 years ago

22 August 2022 – The Dollar Rocket Rise While Gold Drops

U.S. Dollar Index (USDX) The U.S. dollar index hit a fresh five-week high on Monday after another Federal Reserve official…

3 years ago

19 August 2022 – Gold Lost and Gone Heavily Bearish

U.S. Dollar Index (USDX) The U.S. dollar hit a one-month high versus its major peers this morning as Fed officials…

3 years ago

18 August 2022 – Gold Flirts With 1,750s

U.S. Dollar Index (USDX) The dollar index rose after the minutes, as did Treasury yields. The Fed hiked rates by…

3 years ago