Energies
About: Designer
Recent Posts by Designer
16 May 2022 – The Week Ahead
Outlook: In the week ahead, we provide you with the necessary information to build your strategy during the upcoming week with extra knowledge. While growth outside China has shown some encouraging resilience, this can be linked to resurgent spending on consumer services amid loosened COVID-19 restrictions. However, demand for consumer goods has stalled as householdContinue Reading
13 May 2022 – Gold Trades At $1,810
market news summary USDX pushes higher; Gold towards $1,800; Euro free falling. U.S. Dollar Index (USDX) The U.S. Dollar index remains near the highest level in over 20 years, but the index showed a slow down during the early trades. Despite today’s retreat, the USDX cemented its long-term upward trend closing above the support ofContinue Reading
The Japanese Yen: The Hidden Safe Haven
The Japanese Yen acted like the safest major currency today after trading at the best level in two weeks amid a heavy U.S. Dollar sell-off. However, the aggressive Fed rate hike bets continued acting as a tailwind for the greenback and might find it as support. Several factors helped the Samurai currency for the secondContinue Reading
12 May 2022 – Yen Trades Solo
The daily technical insight about the FX market, CFDs, metals, indices, and crude oil by professional analysts
11 May 2022 – Daily FX Update
OVERVIEW U.S. CPI data today Inflation data pressure the gold FOREX U.S. Dollar Index The dollar hovered near a two-decade high against major peers on Wednesday, ahead of a key inflation data that should provide clues on how aggressive the Federal Reserve will be in tightening monetary policy. The dollar index slipped slightly to 103.81Continue Reading
