Monthly Archives: June 2022
22 June 2022 – Investors Prefer Yield Investments
Written on June 22, 2022 at 8:55 am, by Designer
market news summary U.S. Yields are more attractive; USDX targets higher highs; Crude oil targeting below $100; Gold losses its brightness. U.S. Dollar Index (USDX) The dollar was up on Wednesday morning in Asia, investors now await cues on monetary policies from the U.S. Federal Reserve Chair’s testimonies to the Congress. The U.S. Dollar IndexContinue Reading
20 June 2022 – Crude Oil Supply Worries Rise
Written on June 20, 2022 at 8:48 am, by Designer
market news summary U.S. Markets closed for holiday; Markets are expected to be calm; Gold traded slightly up; Oil demand worries rise. U.S. Dollar Index (USDX) U.S. Dollar Index traded 0.75 points lower this morning reaching below the moving averages level. Meanwhile, moving averages intersect at 104.40 on the hourly chart indicating an intraday decline.Continue Reading
17 June 2022 – USDX Bounces Up
Written on June 17, 2022 at 7:58 am, by Designer
market news summary USDX bounces back; BOE hike might backfire; BOJ keeps the low rates; Gold remains bearish; Demand worries hit oil prices. U.S. Dollar Index (USDX) The dollar was up on Friday morning in Asia, clawed back from a one-week low after sliding for two days with the U.S. Federal Reserve’s interest rate hikeContinue Reading