Technical Analysis

You Don’t Have a Recession When You Have 500K Jobs

Market News Summary Monday (February 6th), US Treasury Secretary Janet Yellen said that she sees a way to avoid a…

2 years ago

Oil Continues Its Losses and Investors’ Attention is Turned to Gold!

The US economy added 517,000 jobs last month, the highest level since July last year, and the unemployment rate fell…

2 years ago

Gold Continues Its Bullish Trend After Powell’s Remarks

Market News Summary US indices recorded a collective rise at the close of Wednesday’s session after the US Fed’s decision.…

2 years ago

Fed’s Meeting to Conclude Interest Rate Today

Market News Summary Markets are preparing for the Federal Reserve meeting today to set interest rates. The Fed is expected…

2 years ago

The Dollar Regains Its Strength and Controls The Markets

U.S. Dollar Index (USDX) The dollar index recovered from negative trading for three consecutive weeks and rose by 0.7%, as…

2 years ago

GDP is Higher Than Expected and PCE Due Today

U.S. real gross domestic product (GDP) increased at an annual rate of 2.9% in the fourth quarter of 2022, according…

2 years ago

Glooming Corporate Earnings Stoke Recession Fears

U.S. Dollar Index (USDX) The dollar held close to an eight-month low against its peers on Thursday, as a gloomy…

2 years ago

U.S. Economic Expectations Raise Further Worries

U.S. Dollar Index (USDX) The U.S. dollar weakened 0.1% this morning ahead of the PCE data due on Thursday. Markets…

2 years ago

The Greenback Weakens Ahead of the GDP Data

U.S. Dollar Index (USDX) The dollar was on the weaker side this morning, hovering near an eight-month low at 101.51,…

2 years ago

Euro Trades Near Nine Months Peak

U.S. Dollar Index (USDX) This morning, the U.S. dollar traded horizontally ay, and the reading is expected to show a…

2 years ago