Monthly Archives: May 2022
The Japanese Yen: The Hidden Safe Haven

Written on May 12, 2022 at 2:02 pm, by Designer
The Japanese Yen acted like the safest major currency today after trading at the best level in two weeks amid a heavy U.S. Dollar sell-off. However, the aggressive Fed rate hike bets continued acting as a tailwind for the greenback and might find it as support. Several factors helped the Samurai currency for the secondContinue Reading
12 May 2022 – Yen Trades Solo

Written on May 12, 2022 at 7:46 am, by Designer
The daily technical insight about the FX market, CFDs, metals, indices, and crude oil by professional analysts
11 May 2022 – Daily FX Update

Written on May 11, 2022 at 9:12 am, by Designer
OVERVIEW U.S. CPI data today Inflation data pressure the gold FOREX U.S. Dollar Index The dollar hovered near a two-decade high against major peers on Wednesday, ahead of a key inflation data that should provide clues on how aggressive the Federal Reserve will be in tightening monetary policy. The dollar index slipped slightly to 103.81Continue Reading
11 May 2022 – FX daily insight

Written on May 11, 2022 at 6:59 am, by Designer
market news summary USDX moving flat; USD peers continue to fall; Gold towards $1,825. U.S. Dollar Index (USDX) The dollar was down on Wednesday morning in Asia, but remained near a two-decade high, ahead of U.S. inflation that could indicate how aggressively the Federal Reserve will tighten monetary policy. Technically, the index established strong supportContinue Reading
Bitcoin: At 10 Months Low And Falling

Written on May 10, 2022 at 11:44 am, by Designer
The Bitcoin at 10 months low as it lost 56% since November 2021 when started the decline from $68,960 landing today at a low of $29,742. However, BTCUSD decline was expected but the geopolitical conflict in Eastern Europe pressured the Bitcoin to the lowest price in ten months. Long-Term outlook: When looking at the long-termContinue Reading
10 May 2022 – FX daily insight

Written on May 10, 2022 at 7:14 am, by Designer
market news summary U.S. Dollar is losing the momentum; Currencies tend to further decline; Bitcoin is targeting 26,500; Gold towards $1,825; Geopolitics affect crude prices. U.S. Dollar Index (USDX) The dollar hit a two-decade high on Monday and retreated during the day to the support level of 103.60. Today, the index hovered horizontally with aContinue Reading
U.S. Dollar at 2-Decade High

Written on May 9, 2022 at 9:20 am, by Designer
Overview U.S. Dollar at two decades high Safety is what investors seek Gold is at a critical level FOREX U.S. Dollar Index (USDX) The dollar hit a two-decade high on Monday as investors searched for safety and yield in the face of growing concern over slowing global economic growth and rising interest rates. The DollarContinue Reading
09 May 2022 – FX daily insight

Written on May 9, 2022 at 6:31 am, by Designer
market news summary U.S. Dollar on two decades high; Euro trading at the lowest since 2017; BTC is the lowest since Nov 2021; USDX above 104. U.S. Dollar Index (USDX) The dollar hit a two-decade high on Monday as investors searched for safety and yield due to growing concerns over slowing global economic growth andContinue Reading
08 May 2022 – The Week Ahead

Written on May 8, 2022 at 5:16 pm, by Designer
In the week ahead, we provide you with the necessary to build your strategy with extra knowledge and up-to-date news during the upcoming week.