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Russian War Fuels Inflation and Hinders Global Growth

Here we will explain inflation and global growth and we will link them to the most recent events in the world. Inflation by definition is increasing products prices over time, which is healthy for economies until a certain level. Inflation currently in most countries is way above the healthy rates, which affects individuals’ ability toContinue Reading
Written on April 21, 2022 at 11:23 am
Categories: News In the Spotlight
Tags: Article
21 April 2022 – Daily FX Update

Overview Dollar index weakens Euro gains grounds Oil in supply and demand shock Gold hovers above $1,950 FOREX U.S. Dollar Index The U.S. dollar edged lower in early European trade Thursday as the world’s key finance ministers meet, but expectations for aggressive Federal Reserve monetary tightening keep it elevated. Benchmark 10-year U.S. Treasury yields haveContinue Reading
Written on April 21, 2022 at 8:07 am
Categories: News Fundamental Analysis
Tags: Fundamental Report
21 April 2022 – Daily FX Insight

Market News Summary EURUSD revers losses; WTI awaits the inventories; Gold in a narrow range. Euro (EURUSD) The European currency traded up for the third day, although it retains the negative trend on the daily chart. The common currency bounced from the support at 1.0780 earlier this week, which revers some of the losses recordedContinue Reading
Written on April 21, 2022 at 8:01 am
Categories: News Technical Analysis
Tags: Technical Analysis
20 April 2022 – Daily FX Update

Overview Japanese Yen near 130 Gold edges lower Inflation is Japan’s hope Global growth rates drop FOREX U.S. Dollar Index The U.S. dollar slid lower in early trades but remained strong. Additionally, Federal Reserve (Fed) officials pointed to upcoming hefty interest rate hikes. The U.S. Dollar Index traded 0.2% lower at 100.795 during the earlyContinue Reading
Written on April 20, 2022 at 7:41 am
Categories: News Fundamental Analysis
Tags: Fundamental Report
20 April 2022 – FX daily insight

Market News Summary The Sterling pound is gaining ground; WTI traders should wait for inventories; Gold is retreating under selling pressure; Bitcoin gains as a safe investment. Euro Sterling (EURGBP) The Sterling pound outweighs the common currency driving the daily chart into a downtrend. The trend appears to make a corrective pullback on the hourlyContinue Reading
Written on April 20, 2022 at 7:26 am
Categories: News Technical Analysis
Tags: Technical Analysis
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