Energies
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Recent Posts by Designer
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 a crucial Federal Reserve policy decision scheduled for later in the day. Investors are waiting to see the extent the U.S. central bank will go to combat inflation, as concerns remain that aggressive Fed rateContinue Reading
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 the U.S. Federal Reserve. Meanwhile, traders also wondered whether hints of a slowing economy might prompt a shift away from Fed’s focus on inflation. The Fed ends its two-day meeting tomorrow while traders have beenContinue Reading
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 sharp U.S. interest rate hike this week and looked for safety as data points to a weakening global economy. The greenback was up slightly against most majors during the early trades as the Fed concludesContinue Reading
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 rates more than expected on Thursday as concerns about runaway inflation trumped worries about growth. The U.S. dollar Index that tracks the greenback against a basket of other currencies inched down 0.01% to 106.91. TheContinue Reading
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 are taking extra caution prior to the European interest rate decision. The U.S. dollar index fluctuated between red and green during the early sessions, but it remains positive on the daily chart. However, the hourlyContinue Reading
