2022-03-16 | Market Analysis
The euro rose 0.13% to 1.0953 against the dollar the European economy and the euro are particularly sensitive to the Ukraine war and oil prices.
2022-03-14 | Market Analysis
EUR/USD slipped 0.63% to 1.0913, paring gains in overnight trading, and edged lower this week for a sixth straight weekly loss. Meanwhile, the euro has fallen more than 2.5% against the dollar so far in March.
2022-03-10 | Market Analysis
The euro ended the session at $1.1073 against the dollar, rising up by 1.62%, having hit a 22-month low of $1.0806 on Monday, 7th March 2022.
2022-03-09 | Market Analysis
The growing unease in the market may support the dollar as we will see the U.S. economy remain in a favorable position in the short term. This is because the U.S. is less dependent on Russian energy supplies than Europe.
2021-10-21 | Market Analysis
Gold prices jumped yesterday, with spot gold setting a new high for the week at $1,788.47 per ounce. WTI oil rose by more than 1% in late trading to $83.65 per barrel.
2021-10-20 | Market Analysis
Gold prices fell slightly as the dollar index rallied. This comes after gold had been gaining support from the stagflation theme, brewing in recent weeks and from a weaker dollar.
2021-10-18 | Market Analysis
Gold broke through the $1,800 barrier at one-point last week but fell last Friday. WTI oil rose for an eight consecutive week and hit its highest in nearly seven years.
2021-10-15 | Market Analysis
Gold prices hit a one-month high yesterday as the falling dollar and U.S. bond yields caused investors to turn to gold as a hedge against inflation risks.
2021-10-14 | Market Analysis
The minutes suggest that Fed officials are facing a high degree of uncertainty about both their mission to achieve full employment and price stability.
2021-10-13 | Market Analysis
The poor performance of the U.S. stock market and the decline in the yield of the U.S. 10-year Treasury bonds boosted the demand for gold.