Markets are tense before the FOMC meeting
After releasing faster-than-expected CPI data, the U.S. economy remains under heavy inflationary pressure. Additionally, retail sales increased along ...
The Greenback is unstable while peers take advantage
The U.S. dollar index dropped 0.2% this morning before the inflation data due tomorrow, as inflation is expected to ease. Experts believe the U.S. eco...
Big Central Banks Clash and Markets Are Indecisive
U.S. Dollar Index (USDX) The dollar took a breather from its surging rally on Friday as markets digested yet more hawkish Fed speak, while the euro hu...
The ECB Press Conference is the Focus
Markets are moving unchanged today waiting for the ECB meeting which is expected to result in a 75-basis points rate hike and pushing the common curre...
The Greenback Hits A New High While Gold and Euro Fall
The U.S. dollar exceeds the recent highs for a new two-decade high above 110.67 while pushing gold below $1,698 per ounce and Euro to 0.98 levels. Mar...
Safe-Havens Are What Traders Seek and Europe Is The Focus
Demand for conventional safe havens rose after Russia shut a major gas pipeline to Europe, putting the continent at risk of a major energy crisis. Foc...
The Greenback Skyrockets Against All Peers
Nonfarm numbers increased by 315,000 during August, exceeding the expectations of 295,000 jobs. However, the unemployment rate rose to 3.7% from 3.5%....
Gold and Crude Oil are Falling, The Euro is Finding Hope
Crude oil is on a downward trend with expectations of lower demand rates as a result of new closures in China that slowed the Chinese economy, the sec...
The Dollar Holds; Gold Falls, and The Euro Tests Resistance
Financial markets are waiting for the serious European inflation data and the U.S employment figures due this week. Meanwhile, the dollar holds; Commo...