Energies
Monthly Archives: June 2022
08 June 2022 – Bears Are In Control
Written on June 8, 2022 at 8:30 am, by Designer
market news summary U.S. Dollar Index (USDX) The U.S. dollar index reverted from earlier highs and fell on Tuesday as Wall Street stocks erased initial declines amid growing hopes that inflation may have peaked. Longer-dated U.S. Treasury yields hit over three weeks’ high overnight on concerns the Federal Reserve will continue its aggressive policy. Additionally,Continue Reading
06 June 2022 – U.S. Data Indicates Further Hikes
Written on June 6, 2022 at 7:32 am, by Designer
market news summary U.S. Dollar Index (USDX) Total nonfarm payroll employment rose by 390,000 in May, and the unemployment rate remained at 3.6%, the U.S. Bureau of Labor Statistics reported on Friday. Notable job gains occurred in leisure and hospitality, professional and business services, and transportation and warehousing. Employment in retail trade declined. In May,Continue Reading
03 June 2022 – The Greenback Falls Prior to NFP Data
Written on June 3, 2022 at 8:44 am, by Designer
Market news summary U.S. Dollar Index (USDX) Market participants focus on the upcoming U.S. labor data that is due on Friday, which is considered crucial for the Fed rate anticipations. The upcoming employment report is likely to show the tight labor market, to shift to more modest payroll growth. The Non-farm figures are likely toContinue Reading
Non-Farm Payroll, Inflation, and Fed Decision
Written on June 2, 2022 at 10:56 am, by Designer
Non-Farm Data Market participants focus on the upcoming U.S. labor data that is due on Friday, which is considered crucial for the Fed rate anticipations. The upcoming employment report is likely to show the tight labor market, to shift to more modest payroll growth. The Non-farm figures are likely to increase by about 325,000, 103,000Continue Reading
02 June 2022 – Gold Is Set For Further Decline
Written on June 2, 2022 at 8:12 am, by Designer
market news summary USDX hits a resistance; EURUSD signals a bounce; Crude oil shed $3; Gold is set to decline. U.S. Dollar Index (USDX) The U.S. benchmark 10-year yield hit a two-week high of 2.951% on Wednesday, with data showing U.S. manufacturing activity picked up in May 2022 as demand for goods remained strong. TheContinue Reading
01 June 2022 – Traders Seek Safe Havens
Written on June 1, 2022 at 8:30 am, by Designer
market news summary U.S. Dollar into correction; Traders hunt Safe Havens; Crude oil fluctuates; Euro declines. U.S. Dollar Index (USDX) The U.S. Dollar wobbled slightly yesterday but it returned to trade up this morning amid an increased tendency for safe havens. The Federal Reserve is set to start shrinking its $8.9 trillion balance sheet whileContinue Reading
