USD extended its slide against its peers, falling by 1.1% to 109.70. Support on the DXY is the mid-July top at 109.29. The 50-day SMA acts as initial resistance at 110.81. The 10-year US Treasury yield dropped...
27 Oct 2022
The British pound grew quite a deal against the USD. The current quote is 1.1570. Firstly, GBP fans made good use of the decline of the US dollar and played back a part of previous losses...
26 Oct 2022
The index looks to reclaim some ground lost around 112.00. US yields start the week on the defensive across the curve. Flash PMIs, Chicago Fed index...
24 Oct 2022
The Japanese yen paired with the US dollar has fallen to another low in more than 30 years. The current quote in the USDJPY is 149.94...
21 Oct 2022
Throughout the first half of the week, EUR/USD moved sideways along the 0.9700 horizon as markets waited for the release of US inflation data. And it was on Thursday...
17 Oct 2022
The International Energy Agency (IEA) said on Thursday that the OPEC+ group’s decision to reduce oil supply as of November increases energy security risks globally and could result in higher...
14 Oct 2022
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The index attempts some consolidation in the low-113.00s. US yields reverse the recent weakness and move slightly higher. US inflation figures tracked...
13 Oct 2022
How does a bearish market impact your trades? Keep reading to get a better understanding of what's happening to the markets!
11 Oct 2022
EUR/USD updated another 20-year low on September 28, bottoming at 0.9535. This was followed by a correction, and the pair came close to the parity level on Tuesday, October 04, rising to 0.9999...
10 Oct 2022
Gold price (XAU/USD) is displaying topsy-turvy moves in a narrow range of $1,709.35-1,713.42 in the early European session. The precious metal is displaying a lackluster performance...
7 Oct 2022
USD slid against most of its major peers. The DXY closed a tick above its lows of 110.05. Resistance is at 110.76 while next support is 109.29. GBP gained for a sixth session in a row, a winning streak not seen since April 2021...
5 Oct 2022
Pandemics and health crises, political tensions, geopolitical tension flashpoints popping up, Western sanctions on significant European and Asian economies, and grave tensions between...
3 Oct 2022
After updating its multi-year lows again, the major currency pair rebounded. The current quote for the instrument is 0.9656. Last night, the local interest in risks improved a bit, helping the asset to successfully correct...
29 Sep 2022
The precious metal is largely considered as a hedge to inflation, but it has not confirmed this status during the current year. It did kick it off with a rally, but as the Fed begun hiking rates back...
28 Sep 2022
Last week, all the attention of the markets was focused on the FOMC meeting of the US Federal Reserve, which took place on September 21. The probability of another rate hike by 75 basis points (bp)...
26 Sep 2022
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