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25 July 2022 – Fed Meeting On the Way

U.S. Dollar Index (USDX) The dollar moved on a firm footing during the Asian session, as traders braced for a sharp U.S. interest rate hike this week and looked for safety as data points to a weakening global economy. The greenback was up slightly against most majors during the early trades as the Fed concludesContinue Reading
Written on July 26, 2022 at 7:28 am
Categories: News Technical Analysis
Tags: Technical Analysis
22 July 2022 – ECB Rate Hike Exceeds The Expectations

U.S. Dollar Index (USDX) The dollar was down on Friday morning in Asia after the European Central Bank raised interest rates more than expected on Thursday as concerns about runaway inflation trumped worries about growth. The U.S. dollar Index that tracks the greenback against a basket of other currencies inched down 0.01% to 106.91. TheContinue Reading
Written on July 26, 2022 at 7:27 am
Categories: News Technical Analysis
Tags: Technical Analysis
21 July 2022 – ECB Statement Due Today

U.S. Dollar Index (USDX) The greenback moves in a slow upward fashion maintaining the overall positive outlook. However, market participants are taking extra caution prior to the European interest rate decision. The U.S. dollar index fluctuated between red and green during the early sessions, but it remains positive on the daily chart. However, the hourlyContinue Reading
Written on July 26, 2022 at 7:21 am
Categories: News Technical Analysis
Tags: Technical Analysis
The Flagship Anticipates The Crisis

Those who have tracked the S&P 500 trend over the past 70 years would’ve noticed a cycle – S&P 500 hits a new high, the Fed intervenes, inflation booms, S&P 500 crashes, and then we find ourselves in the middle of a crisis. The First 20 Years: The Great Depression The S&P 500 was initiated in 1957, atContinue Reading
Written on July 21, 2022 at 4:51 am
Categories: News In the Spotlight
Tags: Article
18 July 2022 – Monday Market Update
Written on July 21, 2022 at 4:50 am
Categories: News In the Spotlight
Tags: Market Update
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