Tag: EURUSD
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%...
Market Update – July 28 – Stocks & Treasuries rally, USD dives post FOMC
USDIndex tanked over a whole big number to 106.00, from 107.25 as the FED raised interest rates 75bp (its 4th rise in 2022). Ongoing...
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 27 – Big Tech lifts the mood on Fed Day
USDIndex ticked up to 107.00, as EUR slipped over 1% before recovering following the Russian announcement of further cuts to European gas supplies. FX...
Market Update – July 26 – On Hold Ahead of FED, Oil Rallies
USDIndex ticked lower again but held over 106.00, ahead of the FOMC decision tomorrow. FX markets subdued with a 75 bp hike fully priced...
