Energies
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Recent Posts by Designer
18 July 2022 – Tension Increases With Recessionary Fears
U.S. Dollar Index (USDX) The U.S. Dollar Index retreats below its multi decade high as markets discounted the expectations of Fed interest rates hike. Traders raised bets that the Fed could raise rates by 100 basis points when it meets on July 26-27 as inflation rate is at 4 decades high. The index is tradingContinue Reading
15 July 2022 – Inflation and Recession; Market Nightmares
market news summary U.S. Dollar Index (USDX) The U.S. Dollar resumed its rise this morning, pushed by expectations for faster Fed policy tightening and safe-haven flows amid growing fears of a recession. However, U.S. consumer price figures showed inflation already at four-decade highs. Traders raised bets that the Fed could raise rates by 100 basisContinue Reading
14 July 2022 – Inflation Hit Gold Prices So Hard
market news summary U.S. Dollar Index (USDX) The U.S. Dollar resumed its rise this morning, pushed by expectations for faster Fed policy tightening and safe-haven flows amid growing fears of a recession. However, U.S. consumer price figures showed inflation already at four-decade highs. Traders raised bets that the Fed could raise rates by 100 basisContinue Reading
13 July 2022 – Euro Equates; USDX Slows; Gold Continues to Lose
market news summary U.S. Dollar Index (USDX) The U.S. Dollar fell below its 20 years high and trading is forming horizontal pattern on the hourly chart. Additionally, the moving averages are closing to each other and are expected to cross near 107.80 indicating a critical level. However, the daily chart is not confirming the continuationContinue Reading
12 July 2022 – Gold Hits Nine Months Low
market news summary U.S. Dollar Index (USDX) The U.S. dollar hit a fresh two-decade peak as investors are seeking safety. Market participants expect further aggressive rate hikes by the Fed with the expectation of higher inflation figures. Meanwhile, the dollar index was 0.25% higher at 108.47, its highest since October 2002. The USDX continues toContinue Reading
