Monthly Archives: April 2022
20 April 2022 – Daily FX Update
Written on April 20, 2022 at 7:41 am, by Designer
Overview Japanese Yen near 130 Gold edges lower Inflation is Japan’s hope Global growth rates drop FOREX U.S. Dollar Index The U.S. dollar slid lower in early trades but remained strong. Additionally, Federal Reserve (Fed) officials pointed to upcoming hefty interest rate hikes. The U.S. Dollar Index traded 0.2% lower at 100.795 during the earlyContinue Reading
20 April 2022 – FX daily insight
Written on April 20, 2022 at 7:26 am, by Designer
Market News Summary The Sterling pound is gaining ground; WTI traders should wait for inventories; Gold is retreating under selling pressure; Bitcoin gains as a safe investment. Euro Sterling (EURGBP) The Sterling pound outweighs the common currency driving the daily chart into a downtrend. The trend appears to make a corrective pullback on the hourlyContinue Reading
19 April 2022 – FX Daily insight
Written on April 19, 2022 at 8:23 am, by Designer
Market News Summary Dow Jones towards 34,200, while Euro is losing slowly. Gold traders aim for high and USDJPY is on Rocket fly. Dow Jones 30 (US30) U.S. equities blue-chip traded under heavy selling pressure during the Asian trades. However, the Dow Jones lost over 100 points during the first 30 minutes of the EuropeanContinue Reading
19 April 2022 – Daily FX Update
Written on April 19, 2022 at 6:59 am, by Designer
Market Overview USDJPY to new highs Gold hovers below $2,000 China scares oil investors FOREX U.S. Dollar Index The benchmark 10-year Treasury yield was last at 2.845%, after hitting its highest since December 2018. Market participants adjusted for the Federal Reserve to raise rates by 50 basis points at its May and June meetings toContinue Reading
18 April 2022 – The Week Ahead
Written on April 18, 2022 at 4:26 pm, by Designer
In the week ahead, we provide you with all the necessary to build your strategy during the upcoming week with extra knowledge and up-to-date updates. The Outlook: The focus is on inflation data Crude oil supply is a key In the U.S. The U.S. jobs market is expected to add around 195,800 new jobs thisContinue Reading
18 April 2022 – Daily FX Update
Written on April 18, 2022 at 9:22 am, by Designer
Market overview Indices are seen to stay red Crude oil gaining momentum Gold is shinning FOREX Euro Following a three-day weekend, the benchmark 10-year U.S. T-bond yield opened with a bullish gap and reached its strongest level since December 2018 2.884% during the Asian trading hours. The European Central Bank’s (ECB) decision to leave theContinue Reading
18 April 2022 – FX daily insight
Written on April 18, 2022 at 8:08 am, by Designer
Market News Summary U.S. dollar index (USDX) The U.S. dollar index traded up near 100.68 boosted by better-than-expected manufacturing data. However. The index remains strongly supported above 100.25 and heading up towards the resistance level of 100.75. Technical indicators show a slight fluctuation before during the day but remain to signal an advance towards 100.75.Continue Reading
15 April 2022 – Daily FX Update
Written on April 15, 2022 at 10:21 am, by Designer
Market overview U.S. markets close red before the holiday US dollar index grow higher Commodities are closed today FOREX U.S. dollar index (USDX) The dollar index rose 0.544% to 100.33 yesterday after earlier hitting 100.76, the highest level since April 2020. The dollar grew after data showed U.S. retail sales increased in March, mostly upliftedContinue Reading
15 April 2022 – FX daily insight
Written on April 15, 2022 at 7:53 am, by Designer
MARKET NEWS SUMMARY U.S. dollar index (USDX) The U.S. dollar index traded up yesterday amid positive sales data. However, the index gained nearly 1% touching the resistance of 100.4. Technical indicators show a slight retreat in the value towards the level of 100 but retain the strong uptrend later. PIVOT POINT: 100.40 S1 S2Continue Reading