Energies
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 it reduced its losses with ...
Central Banks are Imposing Their Say on the Markets This W...
Market News Summary The dollar stabilized on Monday and moved away from its lowest level in eight months while awaiting the Federal Reserve meeting to...
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 to the “advance” estim...
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 U.S. corporate earnings season stoked ...
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 expect the PCE to decline thus infl...
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, as traders continued to gauge the...
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 further easing in growth from the...
Crude Oil Gains on China Economy Optimism
U.S. Dollar Index (USDX) The U.S. dollar traded horizontally this morning as fears of an economic slowdown dented risk sentiment. Meanwhile, the dolla...
Gold Remains Supported by The Recessionary Uncertainty
U.S. Dollar Index (USDX) The dollar rose broadly on Thursday as growing concerns about the U.S. economy drove demand for the safe-haven greenback. Wea...
