Dovish ECB and hawkish Fed paint a bearish outlook for the EUR/USD. Is declining to 1.0770 the next stop?
Daily Market Analysis
Last week, EURUSD broke below a significant support level, the gas price retested its October high, and the oil prices managed to correct lower on the bearish signs of more oil supplies coming into the market.
The move by the US and its Western allies to freeze most of Russia's foreign exchange reserves has raised fears that the US dollar is being used as a weapon. That could wreck the greenback's dominance.
What happened? Historically investors treated the Japanese Yen as a safe haven in times of world crisis…
On March 16 the Federal Reserve hosted the press conference where it announced several disappointing facts for the US economy.
The Federal Reserve is expected to raise the interest rate by 25 basis points during the upcoming meeting on Wednesday, at 20:00 GMT+2. As inflation keeps surging, this will be the first small attempt to curb it. What does it mean for the US dollar?
Last week was truly unforgettable, filled with geopolitical tensions and changes of market sentiment. Russian ruble lost 40% against dollar amid sanctions from EU and US. Brent oil soared to almost $120 a barrel, a 10-year high for the commodity. Chinese stocks are near the covid crash levels. Let’s dive into the market together!
The US Federal Reserve may refrain from more aggressive interest rate hikes in March due to geopolitical risks after Russia's special operation in Ukraine…
US Inflation has skyrocketed in January to 7.5%, recording the largest annual increase in 40 years. This jump in prices is the fastest pace of inflation since 1982.
What happened? The US inflation keeps its momentum and rises to 7…
Although the dollar index fell to the lowest level in two years, it has room to recover.
This article will analyze the possible scenarios for the EU, and what's more important, look at the charts. There is a lot to see, let's go!