Category: DXY (US dollar index)
EUR/USD Falls to a 9-Month Low, Settles Under 1.1700
Minutes of the most recent Federal Open Market Committee meeting published on Wednesday showed that successful attempts have been made towards the apex bank’s double…
EUR/USD Keeps Declining In The American Session
The early American session shows that the EUR/USD is extending its decline, and as of this writing, it trades around the $1,1729 level, declining by…
Gold Prices: XAU/USD Consolidates Into Range In View of Powell’s Speech
The prices of precious metal (Gold) began consolidating over the night as US 10-year Treasury yields hit the bottom following a new milestone recorded by…
Wall Street Predictions For The Coming Week
The bonds yield rally is a boost for investors. Thus, they may be interested in value stocks again. Hence, these value stocks might receive a…
Crude Oil Prices Stabilize in spite of Covid-19
Despite concerns regarding the spread of the COVID-19 Delta variant and its effect on oil demand and price, crude oil prices remain steady as of…
Oil Steadies After The US Urges Producers To Hike Output
Crude oil has been falling ever since it reached a peak price of $78 three months ago. Today’s oil price action proves that buyers have…
US Dollar Trades Close To 4-Month High
Expectations from investors concerning inflation data and tapering of stimulus by the Fed seem to have a positive impact on the US dollar. It trades…
Global Shares Flat Today
Prices of stocks were flat on Monday as declines in prices of gold and oil and the spread of the COVID-19 delta variant spook sentiment….
USD/CAD Up For Three Successive Days
The commodities markets’ fears are beginning to affect the West Texas Intermediate (WTI) crude oil as its price is declining. WTI Oil Moves Southwards As…
US Update: All Eyes on US Jobs Data
Tuesday witnessed a recovery in the markets as they edge back again towards the upside in anticipation of the first assessment of recent data on…
