Energies
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Recent Posts by Designer
24 June 2022 – Gold On Weekly Decline
market news summary U.S. Dollar Index (USDX) The U.S. dollar slipped against its major peers during the Asian session and is set for its first weekly decline this month. Investors assess the path for Federal Reserve policy and whether aggressive rate hikes would trigger a recession. The dollar index edged down 0.07% to 104.33. However,Continue Reading
23 June 2022 – Markets Trade In Caution
market news summary U.S. Dollar Index (USDX) The U.S. dollar stayed under tension as it looked set to extend declines against major peers. The U.S. Dollar was hurt by Treasury yields floundering near two-week lows amid rising concerns of a recession. The dollar index, which measures the currency against six key rivals, slipped 0.07% toContinue Reading
22 June 2022 – Investors Prefer Yield Investments
market news summary U.S. Yields are more attractive; USDX targets higher highs; Crude oil targeting below $100; Gold losses its brightness. U.S. Dollar Index (USDX) The dollar was up on Wednesday morning in Asia, investors now await cues on monetary policies from the U.S. Federal Reserve Chair’s testimonies to the Congress. The U.S. Dollar IndexContinue Reading
20 June 2022 – Crude Oil Supply Worries Rise
market news summary U.S. Markets closed for holiday; Markets are expected to be calm; Gold traded slightly up; Oil demand worries rise. U.S. Dollar Index (USDX) U.S. Dollar Index traded 0.75 points lower this morning reaching below the moving averages level. Meanwhile, moving averages intersect at 104.40 on the hourly chart indicating an intraday decline.Continue Reading
17 June 2022 – USDX Bounces Up
market news summary USDX bounces back; BOE hike might backfire; BOJ keeps the low rates; Gold remains bearish; Demand worries hit oil prices. U.S. Dollar Index (USDX) The dollar was up on Friday morning in Asia, clawed back from a one-week low after sliding for two days with the U.S. Federal Reserve’s interest rate hikeContinue Reading
