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Gold losing as the US Yields increasing
US 10-years Bond Yields marching higherFed Chair Powell had a speech on Monday. According to his words, Powell does not expect inflation to decrease in the short term but is expected to return around the target level at 2% with accommodative monetary...
USD in demand, while tensions are increasing
EU leaders and Biden are scheduled to meetThe US dollar safe-haven demand still leading its bulls, as the tensions continue on Monday while the Russia-Ukraine war still cannot see the light at end of the tunnel. Market risk even increased higher afte...
Oil Up with two reasons behind!
Less chance for peace talk so far! After six days falling in raw, Oil was up on Thursday and continued the uptrend so far on Friday, ignoring both EIA and API reports. Yesterday oil started the day at $94.80 and ended at 102.12 US Dollars w...
BOE and FED, Same decisions, same reactions!
Time to buy the Sterling?Just an hour ago, the Bank of England has raised rates by 0.25%, while there were many rumors about a 50bp rate hike. Rumors buyer’s lifter the Sterling ahead of MPC voting above 1.32. On the voting, many were disappointed wi...
US Dollar Index post-FED meeting!
It was a bit dovish, but can hold the bulls? The event of the week is done now, and we have a clearer idea of what happened and what we have to expect. The FOMC announced its interest rate decision, and as it was widely expected, members voted (...
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