Energies
Monthly Archives: July 2022
07 July 2022 – Oil Extends Its Losses as Growth Concerns Increase
Written on July 7, 2022 at 7:25 am, by Designer
market news summary U.S. Dollar Index (USDX) The dollar shook slightly this morning despite expectations of aggressive interest rate hikes that grew over the hawkish minutes of the U.S. Federal Reserve’s June meeting. The U.S. dollar remains strong for the medium term due to aggressive Federal Reserve interest rate rise expectations and safe-haven appeal stemmingContinue Reading
06 July 2022 – Gold Fails To Hold As Safe Haven
Written on July 6, 2022 at 6:55 am, by Designer
U.S. Dollar Index (USDX) The dollar stood tall on Wednesday, holding at a 20-year peak against the euro and multi-month highs against other major peers as higher gas prices and political uncertainty renewed recession fears and sent investors scrambling to the safe-haven currency. The daily chart indicates a continuation of the uptrend in the longContinue Reading
05 July 2022 – U.S. Dollar Targets Record Highs
Written on July 5, 2022 at 8:46 am, by Designer
market news summary U.S. Dollar Index (USDX) The dollar was up on Tuesday morning in Asia, gaining support from a strong rebound in the U.S. 10-year Treasury yields. U.S. 10-year Treasury yields pushed past 2.959% after reopening from a holiday, from the lowest since May at 2.7910% on Friday. Meanwhile, the U.S. Dollar Index stabilizedContinue Reading
04 July 2022 – Gold Jumps Above $1,800 Ahead To a Volatile Week
Written on July 4, 2022 at 8:29 am, by Designer
market news summary U.S. Dollar Index (USDX) The dollar kept trade-sensitive currencies pinned near multi-year lows on Monday and the euro was under pressure as investors sought safety due to worries about slowing global growth. The U.S. dollar index stood at 105.100, not far below last month’s two-decade high of 105.790. The Atlanta Federal Reserve’sContinue Reading
03 July 2022 – The NFP Week
Written on July 3, 2022 at 11:57 am, by Designer
The past week was full of speeches and the market responded in a mixed fashion. However, the figures waited for the upcoming week will highlight if the global market will be in serious recession of just some rough time. Furthermore, Bank of England, European Central Bank, and Federal Reserve all took part in a jointContinue Reading
01 July 2022 – Gold Falls Despite Recession Worries
Written on July 1, 2022 at 9:06 am, by Designer
market news summary U.S. Dollar Index (USDX) The dollar index slid 0.32% overnight after the spending data, only to rally on Friday as that same data drove declines in Asian equities. Additionally, the dollar index is on track for a 0.75% gain, which would be its best week in four. The Fed has lifted theContinue Reading
