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USD kept falling after FOMC minutes
Early release of economic data due to the Thanksgiving holidayDue to holidays on Thursday and Friday, most of the US economic data that was supposed to be released during the week was published on Wednesday. However, the market focus on Wednesday was...
As gas prices increase again, inflation can last longer
Germans have no hope of reducing inflation below ten percent in the short termUnlike the falling WTI price, natural gas prices still increasing and with the beginning of the cold season, it will be hard to expect a meaningful slowdown in the prices....
US dollar outlook in the week ahead
A neutral trend with a bullish tendency seems more logicalAfter a two-week decrease, USD closed 0.13% higher than its open price last week. Last week the dollar index fell as low as 105.30 during the week but recovered later to close the week near th...
The first death in six-month! Oil sharp fall and return
The bears are trying to prove themselvesLast Friday WTI tested the price under $80 for the first time since September 28. The downtrend continued at the beginning of this week as well, to test the $75.20 on Monday. However, right after that bulls reg...
Red, the dominant color across the markets!
Financial markets today have no color than Red, as risk is leading the charts. A report about a record spike in new COVID-19 cases in several Chinese cities at the beginning of the week was the most worrying news! New lockdowns in several financ...