April 14 2023 🕓 4 min
EUR/USD posts yearly highs; settles above psychological 1.10
Investors are pricing in more dovish Fed than the ECB, resulting in the current leg higher in the EUR/USD pair.
Tag: dollar
January 9 2023 🕓 4 min
Tech rallies after a horrible week – is sentiment turning positive?
Second week of 2023 starts on a more positive note as traders weigh in Fed's lower hike. China re-opens borders again.
January 6 2023 🕓 5 min
The 8th Wonder of the World – what is compounding effect?
Compounding effect is the 8th Wonder of the World according to Albert Einstein. But, why did he think so?
December 30 2022 🕓 4 min
Tech sell off cements the finish line of 2022
The year 2022 closes down with oil being the hero of the day. Tech stock continue the sell off after a break from the bears on Thursday.
December 29 2022 🕓 3 min
Traders buy the dip to give markets a much appreciated break
Thursday's market enjoys a relief from the selling pressure. The last week of 2022 may still have a green outcome.
December 28 2022 🕓 3 min
Tech sell off marks the end of the year trading
Just a few days before the end of the trading year, investors continued to sell tech stocks, sending the Nasdaq to more than two-month lows.
December 24 2022 🕓 6 min
Credit cards – the good, the bad and the ugly
Americans are in debt more then ever. While credit cards can make your life easier, beware of the dark side of never ending debt.
December 16 2022 🕓 3 min
Gloomy sentiment over economy closes the week in red
Investors move back to safe spots with a gloomy sentiment after this weeks' central bank fiesta. Dollar and gold both benefit from it.
December 15 2022 🕓 4 min
Wall Street ends in the red after FOMC meeting
Fed's "higher for longer" put a substantial selling pressure on stocks. Dollar benefitted the most on Thursday which is bad news for everyone else.
★ Premium This content is only available for registered users - sign up for free now December 14 2022 🕓 4 min
Fed rate hike slows down and dominates US market
Fed released a new rate hike of 50 basis points, which traders hoped for as inflation slowed down. However, Fed hints rates higher for longer.
December 13 2022 🕓 4 min
Markets invite gains as inflation slows down
Markets profit from lower inflation than expected, except for dollar. Fed kicks off its two day meeting. Let's get ready for the next hike.
December 11 2022 🕓 7 min
Have no fear, Christmas is here!
Christmas is a time for cheer, joy and a quality time spent with your family. Are we letting money ruin what is really important?