21.05.2022
Chicago 12, Melborne City, USA
Forex guide

Dollar Turns Stronger Against Some Major Coun …

The US dollar traded firm against most of its peers on Friday, edging further up from the lows it touched earlier in the week. The dollar index climbed to a two-decade high of 105.01 late last week after Fed Chair Jerome Powell reiterated that the central bank is considering to raise interest rates by a […]

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Forex guide

Gold Inches Higher On Dollar Weakness

Gold prices rose slightly on Friday, as the dollar eased and was on track for a 1.5 percent weekly fall amid improved risk sentiment in global markets. Global bond yields were also mostly lower amid growing fears of a recession. Spot gold edged up 0.3 percent to $ 1,847.13 per ounce, while US gold futures […]

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Politics

Swiss Franc Jumps on Risk Aversion, Dollar and Yen Lag Behind:

Markets are back in risk-off mode as down dropped more than -1100 pts overnight. Dollar and Yen tried to rebound but there was no follow through buying. Indeed, both remain the worst performing ones for the week. Instead, safe-haven flow seems to be benefiting Swiss Franc more this time. Franc is also helped by buying… […]

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Forex guide

Dollar Exhibits Weakness Against Major Rivals …

The US dollar turned weak against most of its major counterparts on Thursday, after having rebounded in the previous session and regained some ground it had lost earlier in the week. The dollar index, which had climbed to a two-decade high at 105.01 on Friday, dropped to 102.66 today before recovering slightly to 102.84, still […]

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Forex guide

Gold Futures Settle Sharply Higher As Dollar …

Gold prices climbed higher on Thursday as a sell-off in global stock markets amid worries over rising inflation and growth concerns pushed up the demand for the safe-haven metal. The dollar’s sharp slide contributed as well to the gold’s surge. Investors fretted over the impact of the prolonged Ukraine-Russia war, higher interest rates and China’s […]

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Politics

Dollar Holding On to Near Term Support, UK and CA CPI Featured:

The forex markets are engaging in sideway trading in very tight range in Asian session. Dollar and Yen remain the weaker ones for the week. But so far, there is not following selling to push them through near term support level yet. Overall risk sentiment is crucial in determining the next move. While US stocks… […]

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Forex guide

Dollar Rebounds On Powell’s Interest Rat …

The US dollar climbed higher against most of its major counterparts on Wednesday, buoyed by comments from Federal Reserve Chair Jerome Powell that the central bank is determined to keep raising interest rates until there is convincing evidence that inflation moves down. Powell said on Tuesday that the Fed won’t hesitate to raise rates beyond […]

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Forex guide

Gold Futures Settle Lower As Dollar Rebounds …

Gold prices drifted lower on Wednesday as the dollar rebounded from recent losses and bond yields rose amid rising prospects of sharper interest rate hikes by the Federal Reserve. The Fed Chair Jerome Powell had hinted on Tuesday that the Fed would keep tightening till inflation has been tamed. UK’s inflation is rising to a […]

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Forex guide

US Dollar Climbs On Powell’s Hawkish R …

The US dollar moved up against its most major opponents in the European session on Wednesday, following comments from Federal Reserve President Jerome Powell that the US central bank is determined to keep raising interest rates until there is clear and convincing evidence that inflation moves down. Speaking at a Wall Street Journal event on […]

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