The US dollar remained near its five-week low as investors await the highly anticipated Fed decisions later on the day. As global banks face increasing instability, markets are eagerly anticipate clarity on...
The US dollar remained near its five-week low as investors await the highly anticipated Fed decisions later on the day. As global banks face increasing instability, markets are eagerly anticipate clarity on how the FOMC...
On Tuesday, gold prices eased after reaching yearly highs in the prior session as investors took some profits off the table before an upcoming Federal Reserve rate decision. Furthermore, worries over a looming banking...
Weekly Market Outlook – This week is anticipated to be quite a volatile one due to the high levels of attention on the FOMC, BOE, and SNB meetings. As the US banking system shows signs of weakness, there is...
The U.S. dollar Index (DXY) declined for the second straight session on Friday as authorities took further actions to minimize pressure on the financial system, allowing most of the major currencies that had been...
The EUR/USD plummeted during the previous session after a four-day rally as investors became more risk-averse following Credit Suisse’s worsening financial situation. This is one of the first instances in Europe...
The dollar index hovered near its weakest levels in a month at 103.7 as investors reconsidered Federal Reserve policy prospects amidst recent US banking system upheaval and the inflation figures. Investors scaled back...
Following a challenging period of downturns and fluctuations, the cryptocurrency market is now experiencing a surge in value driven by easing global macroeconomic pressures and decreasing inflation. On March 13, 2023...
On Tuesday, the US dollar rebounded from its multi-week low as traders feared an even more serious systemic crisis following the collapse of SVB and shutdown of Signature Bank located in New York. This caused investors...
The world’s economy was shaken by the news of (SVB) the Silicon Valley Bank collapse, one of the largest banks in the US. The impact was seen globally, triggering substantial drops in American market indices...
Weekly Market Outlook – The US inflation report and the European Central Bank’s policy meeting are expected to garner investors’ attention this week. This may overshadow other significant data...
The US dollar index settled around 105 on Friday as traders closely watching out for the February’s jobs report to be released later on the day. A higher reading could possibly drive up the USD even further and...
Gold struggles to recovery holding near two-month low on Thursday weighted by the hawkish comments of Federal Reserve Chair Jerome Powell and better-than-expected US labor data. Gold prices held steady just above their...
The recent surge pushed the the USD to a three-month high, as Treasury yields soared after Federal Reserve Chair Jerome Powell declared that interest rates would likely increase more than initially anticipated. The...
The USD traded lower on Tuesday as investors anxiously await Federal Reserve Chair Jerome Powell’s upcoming congressional testimony on Tuesday and Wednesday for further clues into the central bank’s...
Weekly Market Outlook – The upcoming week is set to be eventful for market participants, with a lot of promising events in store. The week will kick off with central bank meetings in Australia and Canada, which...
Oil prices fell slightly on Friday but on track to finish the week with notable gains due to higher anticipations of a restored Chinese demand despite worries about additional rate hikes from the Federal Reserve. WTI...
On Thursday, the dollar index rose above 104 points restoring some losses seen in yesterday’s trading, as Federal Reserve policymakers continue to reaffirm that more action is needed to bring down inflation. The...
On Wednesday, the Australian dollar made bounced from two-month lows due to positive Chinese economic data that has sparked optimism for the international economy and raised market sentiment. This comes to outweigh the...
Gold prices slumped further on Tuesday, approaching two-month low as economic data in the US strengthen the outlook of more rate hikes from the Federal Reserve. Consequently, this pointed towards further monetary...
Weekly Market Outlook – After a rather hectic week, this week’s schedule will be less packed. However, there are still some important things to keep an eye on. Investors may pay more attention to the...
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