Energies
Monthly Archives: November 2022
Chinese Economy Is Pressuring The Global Energy
Written on November 8, 2022 at 8:19 am, by Designer
U.S. Dollar Index (USDX) The dollar wobbled Monday, but that hasn’t squeezed the life out of bets for the greenback to reign supreme in the coming weeks with the midterms and fresh inflation data on the horizon. The hourly chart shows resistance at 111.08 and also shows the index heading towards 110.70. Meanwhile, technical indicatorsContinue Reading
The Dollar Weakens and Chinese News Hit The Oil
Written on November 7, 2022 at 9:44 am, by Designer
U.S. Dollar Index (USDX) The dollar firmed on Monday as sentiment soured after China said it is sticking with its strict COVID restrictions, suppressing hopes of a coming reopening in the world’s second-largest economy which had earlier fired a broad rally in riskier assets. Investors were also assessing Friday’s U.S. jobs report which showed thatContinue Reading
The Greenback Hits All And Markets Await The NFP
Written on November 4, 2022 at 8:32 am, by Designer
U.S. Dollar Index (USDX) On Friday, the dollar looked set to post its best week in over a month on expectations that U.S. rates could peak higher, while sterling was on the ropes as investors revised their rate projections after a shift in tone from the Bank of England. The U.S. dollar index fell 0.23%Continue Reading
Federal Reserve Hikes 75 bp and Hints for a Slower Pace Next Meeting.
Written on November 3, 2022 at 8:29 am, by Designer
This material provides real-time market analysis from contributing analysts. Please note that any views expressed in this material do not constitute operational advice. It is important to assess your risk tolerance and make independent trading decisions. STARTRADER holds no responsibility for any trading consequences that may arise from relying on the views expressed in thisContinue Reading
Fed Raised 75 bp, BOE Is Expected To Follow Today
Written on November 3, 2022 at 7:37 am, by Designer
U.S. Dollar Index (USDX) The U.S. dollar eased slightly on Thursday as investors digested the possibility that the Federal Reserve may raise interest rates further than expected, while sterling edged higher ahead of the Bank of England policy meeting. Matching the expectations, the Fed raised its benchmark funds rate by 75 basis points (bps) toContinue Reading
ECB Might Follow The Fed For The 75 bp Hike
Written on November 1, 2022 at 8:34 am, by Designer
U.S. Dollar Index (USDX) The U.S. dollar eased from a one-week top against a basket of major peers on Tuesday, as traders weighed the odds of a less aggressive Federal Reserve at Wednesday’s widely watched monetary policy meeting. The U.S. dollar index eased 0.16% to 111.35, eating into some of the 0.79% gains it madeContinue Reading
