Energies
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Recent Posts by Designer
12 August 2022 – GBPUSD Found a Relief Amid GDP Data
U.S. Dollar Index (USDX) The dollar was slightly lower on Thursday following a 1% loss the previous day when data showed U.S. inflation was not as hot as anticipated in July, prompting traders to dial back future rate hike expectations by the Federal Reserve. Investors slashed bets on the possibility that the Fed will raiseContinue Reading
STARTRADER Market Analyst interview on Asharq
U.S. CPI and Dollar Index in Details
The CPI Reading Details After the inflationary plateau we faced in the last CPI report on Wednesday, the speculations are rising that the Fed will also slow its tightening strategy. The CPI was unchanged in July on a seasonally adjusted basis after rising 1.3% in June, the U.S. Bureau of Labor Statistics reported on Wednesday.Continue Reading
11 August 2022 – U.S. Inflation Data Boost Commodities
U.S. Dollar Index (USDX) The weak dollar was the clincher for those seeking advance in the market while the Dollar Index hit a one-month low of 104.51. The dollar tumbled after the Labour Department reported that the Consumer Price Index rose by 8.5% during the year to July versus a 9.1% annual expansion in JuneContinue Reading
10 August 2022 – Waiting for the CPI data
U.S. Dollar Index (USDX) The U.S. dollar index steadied on Wednesday as traders are waiting for a key U.S. report on inflation to provide hints to the Federal Reserve’s plans for future monetary tightening. The Consumer Price Index (CPI) report will be released later today, with markets watching for signs that inflation eased in JulyContinue Reading
