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The U.S. dollar edged up but was not far from its lowest level in October amid signs Federal Reserve rate hikes are slowing the world's biggest economy. As long as the GOLD price stays below 16...
26 Oct 22 (Wed)
Oil prices fell on Wednesday after data indicated that U.S. crude inventories grew more than expected last week, although signs of robust gasoline demand and a warning on tighter supplies from Saudi Arabia k...
The pound rebound since hitting an all-time low may soon run out of steam as the challenges facing new Prime Minister Rishi Sunak have deepened following outgoing PM Liz Truss economically damaging Trussonom...
Sterling rose on Tuesday supported by improved risk sentiment as Rishi Sunak prepared to become Britain's prime minister, while the euro steadied ahead of an expected rate hike by the European Central Ba...
The euro steadied ahead of an expected rate hike by the European Central Bank (ECB) on Thursday. The ECB looks set to hike rates by 75 basis points on Thursday aiming to rein in red-hot inflation A...
25 Oct 22 (Tue)
Gold and the greenback both remained within tight trading ranges seen in recent weeks, amid growing uncertainty over the path of U.S. monetary policy. While hopes of a potential dovish tilt by the Federal Re...
Oil prices rose on Tuesday as the U.S. dollar eased against major peers but gains were limited by worries of slowing global fuel demand growth amid bearish economic data from key oil importing economies such...
In September, the Federal Reserve delivered its third straight 75-basis-point rate hike, and a fourth hike of that size is expected at next week policy-setting meeting, though how aggressive policymakers rem...
If the BTCUSD price stays above 19755 on a daily basis, we will see the main resistance level at 20719 and 21699. On the downside, if the price goes drops below 19755, the next support level will be at 18811...
24 Oct 22 (Mon)
Rishi Sunak will become Britain's next prime minister after he won the race on Monday to lead the Conservative Party, tasked with steering a deeply divided country through an economic downturn set to lea...
As long as the GOLD price stays below 1667 on a four-hourly basis, we will see the main support level at 1650. On the other hand, if the price goes beyond 1667, the next level will be at 1684. Supp...
As long as the CRUDE OIL price stays below 86.55 on a daily basis, we will watch the main support level at 82.01. On the upside, if the price goes beyond 86.55, the next level will be at 91.93. Sup...
As long as the GBPUSD pair stays below 1.1372 on a four-hourly basis, we will see 1.1227 support level. Otherwise, if the price goes beyond 1.1372. the next level will be at 1.1502. Support: 1.1227...
As long as the EURUSD stays below 0.9878 on a daily basis, we will watch the support level at 0.9774. On the upside, if the price moves up above 0.9878, the next resistance level will be at 0.9922.
Oil prices toggled between negative and positive territory on Friday as hopes of stronger Chinese demand and output cuts by OPEC+ contended with concern about a global economic downturn and the impact of int...
21 Oct 22 (Fri)
U.S. stock indexes jumped on Friday after a report said the Federal Reserve will likely debate on signaling plans for a smaller interest rate hike in December. As long as the DOW30 stays above 3053...
The U.S. Federal Reserve is widely expected to continue its aggressive interest rate hikes at its next meeting in early November, as it attempts to curb red-hot inflation. As long as the GOLD...
The U.S. dollar handed back some of its gains in early European trading Wednesday, while the euro rose on the back of soaring German producer prices. As long as the EURUSD stays below 0.9774 on a d...
U.S. stocks are rising after the U.K.’s Prime Minister Liz Truss resigned just weeks after taking office. Corporate earnings continue to roll in, amid expectations that the S&P 500 will wind up sho...
20 Oct 22 (Thu)
Gold firmed 1% on Thursday after a weaker dollar helped prices bounce back from a three-week low hit earlier in the session, although bets for more big U.S. interest rate hikes cast a shadow on sentiment.
Liz Truss has resigned as Prime Minister of the U.K., less than two months after taking power. Truss said there will be a new leadership contest within a week, and that she will stay on as Prime Minister unt...
The dollar bounced from two-week lows on Wednesday as benchmark 10-year Treasury yields rose to 14-year highs, while sterling weakened after hotter-than-expected UK consumer price inflation fueled concerns a...
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