December 9 2022 🕓 4 min
Traders await Fed’s decision next week
US markets today have been showing all kinds of results. Among others, oil seems to be oversold the most.
Tag: dollar
December 9 2022 🕓 3 min
Wheat continues to fall despite a low supply
Wheat can fall some more, but buyers should return at lower levels.
December 6 2022 🕓 3 min
Turbulence on the stock market, investors fleeing to dollar
Dollar kept its value on Tuesday, watching tech stocks and oil drop as investors flee amid recession fears.
December 2 2022 🕓 4 min
US market trades lower on a payroll day
Predictions that the Federal Reserve will continue raising interest rates to fight inflation were strengthened by the November payrolls report.
December 1 2022 🕓 4 min
Markets are preparing for data with the December kickoff
Dollar continues to extend losses as the market prepares for Nonfarm Payrolls. Stocks end mostly unchanged, while gold finally breaking through $1800.
November 29 2022 🕓 3 min
A good day for oil, not so good for stocks and dollar
Markets saw oil gain second day in a row caused by OPEC+ speculations. Stocks were mostly down as production may halt again in China.
November 29 2022 🕓 3 min
Gold erases losses as China’s Covid cases decline
Gold returns with a jump as China's Covid cases go down. Fed keeps a hawkish outlook which helps the shiny metal maximize its safe haven role.
November 29 2022 🕓 3 min
Silver is another victim of protests in China
The start of the new week was not the best for precious metals. Silver's volatility is above 3,5%. Covid protests in China bring uncertainty into markets.
November 28 2022 🕓 4 min
A dramatic Cyber Monday for US markets
Cyber Monday trading was full of rebounds and reversals as protests in China boil. Dollar turned around to show it is still considered a safe heaven.
November 25 2022 🕓 4 min
No proper sales in the markets on Black Friday
Black Friday was without significant action on the markets this year. Stocks ended the session mixed, oil closed with third consecutive weekly loss.
November 25 2022 🕓 3 min
Gold looks ready to re-visit monthly highs
Gold aims towards revisiting monthly highs as Fed hints slower hawkish sentiment. Weaker dollar sends investors to shiny metal safe heaven.
November 25 2022 🕓 3 min
Ghana wants to buy oil with gold instead of the US dollar
Ghana is struggling with declining foreign exchange reserves. Will this move reduce the depreciation of the Ghanaian currency?