Technical Analysis

02 August 2022 – Gold And Oil; Volatility In The Driver Seat

U.S. Dollar Index (USDX) The U.S. dollar index was volatile after data showed U.S. manufacturing activity slowed less than expected…

3 years ago

01 August 2022 – Recessionary Tension Rises

U.S. Dollar Index (USDX) The dollar sank on Monday as markets continued to wager that the Federal Reserve has less…

3 years ago

29 July 2022 – U.S. GDP Declines for the Second Consecutive Quarter

U.S. Dollar Index (USDX) U.S. second-quarter gross domestic product (GDP) contracted at a 0.9% annualized rate, which followed a first-quarter…

3 years ago

28 July 2022 – Fed Hikes Rates; U.S. Dollar Falls And Gold Recovers

U.S. Dollar Index (USDX) The dollar lost ground on Thursday as market participants reflected the expected hike of 75 bp.…

3 years ago

27 July 2022 – FOMC Statement Due Today; Markets Embrace For The Hike

U.S. Dollar Index (USDX) The dollar index was down by 0.14% at 107.04 on Wednesday, as traders gear up for…

3 years ago

26 July 2022 – One Day Before The FOMC Meeting

U.S. Dollar Index (USDX) The dollar held just below multi-decade peaks on Tuesday as traders awaited a rate hike from…

3 years ago

25 July 2022 – Fed Meeting On the Way

U.S. Dollar Index (USDX) The dollar moved on a firm footing during the Asian session, as traders braced for a…

3 years ago

22 July 2022 – ECB Rate Hike Exceeds The Expectations

U.S. Dollar Index (USDX) The dollar was down on Friday morning in Asia after the European Central Bank raised interest…

3 years ago

21 July 2022 – ECB Statement Due Today

U.S. Dollar Index (USDX) The greenback moves in a slow upward fashion maintaining the overall positive outlook. However, market participants…

3 years ago

20 July 2022 – Eurozone Inflation Hit 8.6%

U.S. Dollar Index (USDX) The greenback retreated further on Wednesday as major currencies extended their overnight gains with lower inflationary…

3 years ago