Tag: GOLD
Weekly Market Update 01 August 2022
The new month kicks off with the Dollar on the defence, as investors digest the weak Q2 GDP data (-0.9%) which has put the...
Market Update – July 29 – Stocks up, USD lower on final trading day...
USDIndex sinks again tanked to 105.75, from 106.80. The US is in a technical recession (2 consecutive quarters of contraction) after Q2 GDP -0.9%...
Live Commentary ahead of the Fed!
The FOMC began its policy meeting yesterday and will announce its decision at 18:00 GMT Wednesday. A 75 bp hike is widely expected. Chair...
Weekly Market Structures | July 25 – 29
Dollar index finds temporary support around the 106.00 area amid risk aversion caused by global economic growth concerns.
https://www.youtube.com/watch?v=Mfy_Nnj32tE
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Ofentse Waisi
Market Analyst
Disclaimer: This...
Market Update – July 25 – FED & Tech Giant Earnings Week
USDIndex pushed under 106.00 on Friday (closed at 106.50) as the US Services sector contracted for first time in 2 years. US Stocks sank...
Market Update – July 7 – Fed focused on Inflation, USD bid, Stocks flat,...
USD moved down from new to 20-year highs at 107.00 but remains in demand (USDIndex 106.64), US Stocks flat on close (NASDAQ +0.35%). FED Minutes...
