Energies
Monthly Archives: January 2023
Markets focus today is set on Fed’s Meeting minutes
Written on January 4, 2023 at 6:50 am, by Designer
U.S. Dollar Index (USDX) The U.S. dollar index futures traded slightly lower but remained on the gaining side while trading just below a two-week high. Traders focus on the upcoming Federal Reserve’s December meeting minutes. Markets expect the minutes to provide clues about future monetary policy. But given that U.S. inflation is still trending wellContinue Reading
Markets are trading slowly before Fed’s minutes
Written on January 3, 2023 at 6:58 am, by Designer
Markets are trading slowly while investors wait for Federal Reserve’s meeting minutes. Meanwhile, investors will be looking toward the Manufacturing PMI and construction spending. Later in the week, ADP nonfarm employment and December’s nonfarm payrolls report will also be closely watched. In addition to JOLTS data as well as the minutes of the Fed’s latestContinue Reading
The Greenback Starts the Year on the Weak side
Written on January 2, 2023 at 9:07 am, by Designer
Metals and commodities are closed today, while currencies and cryptocurrencies are open. However, liquidity is low today as most major markets are on a bank holiday. The greenback starts the year on the weak side as the Fed expects to slow the rate hike in February. Meanwhile, Asian currencies benefit from the weak start ofContinue Reading
