Tag - usd

The selloff of the stock market continues, bearish rumors for gold, levels for USD ahead of NFP, a preview of the rate statement by the Reserve Bank of Australia, and our trade results of June…

Last week was bearish for risky assets such as stocks, oil, gas, and crypto. Will the upcoming week change the situation across the markets? Let’s look at it in detail!

Gold is still moving like a snail; Russia faces default; first signs of upcoming earnings season, and dozen of speeches from bank’s governors and G7 members. We have a lot to look for, and in the next several minutes, you will be filled with trade ideas and market news!

The value of the US dollar continues to rise, but is this because of the strength of the dollar itself or just the weakness of the euro, Japanese yen, and British pound? Since the beginning of the year, the US dollar index has been up 8…

The US dollar index rose to 105.40 after the Fed’s 75-basis-point key rate hike, while the stock and the crypto markets fell. However, during the past few days, investors and traders returned to risk assets as they expect inflation growth to slow. Moreover, Jerome Powell, the head of the Federal Reserve, announced the Fed might start cutting the key rate by 2024, which is the most evident hint of an upcoming market reversal.

Last week was shocking!  The US dollar gained more than 2% against other currencies ahead of the 75-basis points rate hike by the Federal Reserve on Wednesday but dropped after the announcement…

Powell wants a soft landing for inflation, as Greenspan did in 1994. But it looks like he will get a hard landing.

Traders expect a calmer US inflation release on Friday that may allow the Federal Reserve to slow down interest rate hikes…

Last week was intense!  The US dollar gained more than 2% against other currencies on investors' concerns regarding one more inflation wave in the United States caused by the fuel crisis…

The euro area (EA) faced a 7.4% annual inflation in April, and the European Union (EU) had an 8.1% price growth. Rates hikes are crucial for the economy to stop collapsing; still, the ECB is doing nothing but talk. Step by step, we’ll find out what will happen with Europe.

After months of pressure from the White House, Saudi Arabia relented and agreed with other OPEC+ members to increase production.

Traders expect a calmer US inflation release on Friday that may allow the Federal Reserve to slow down interest rate hikes. Still, high oil prices represent a challenge for central banks, including the Reserve Bank of Australia and the ECB that meet this week.