Energies
About: Designer
Recent Posts by Designer
Safe-Havens Are What Traders Seek and Europe Is The Focus
Demand for conventional safe havens rose after Russia shut a major gas pipeline to Europe, putting the continent at risk of a major energy crisis. Focus is now on a European Central Bank meeting later in the week, where market participants expect the bank to begin raising interest rates. U.S. Dollar Index (USDX) the U.S.Continue Reading
U.S. Data Confuses the Markets; More jobs And Higher Unemployment
Nonfarm numbers increased by 315,000 during the month of August to exceed the expectations of 295,000 jobs. However, the unemployment rate rose to 3.7% from 3.5%. Meanwhile, the dollar index surging to a new two-decade high pushing gold below the 1,700 levels. On the Other hand, the European currency fell to the lowest level inContinue Reading
The Greenback Skyrockets Against All Peers
Nonfarm numbers increased by 315,000 during August, exceeding the expectations of 295,000 jobs. However, the unemployment rate rose to 3.7% from 3.5%. Meanwhile, the dollar index surged to a new two-decade high pushing gold below the 1,700 level. On the Other hand, the European currency fell to the lowest level in 20 years despite theContinue Reading
Gold and Crude Oil are Falling, The Euro is Finding Hope
Crude oil is on a downward trend with expectations of lower demand rates as a result of new closures in China that slowed the Chinese economy, the second largest consumer of crude oil in the world. Gold prices also declined, targeting levels below $1,700 an ounce. U.S. Dollar Index (USDX) The U.S. dollar index slidContinue Reading
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 dollar holds; Commodities fall, and the Euro tests resistance. U.S. Dollar Index (USDX) The U.S. dollar edged lower in early European trade Tuesday, falling back from a 20-year peak, as attention turns towards Europe, withContinue Reading
