Sunday, January 23, 2022
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Euro clings to lows ahead of US data, FOMC minutes

Volatility ebbs gradually ahead of the upcoming economic data out of the US The euro continues to oscillate around multi-month lows, struggling to stage a recovery as the dollar...

Gold keeps bleeding as dollar rallies

The metal losses ground amid a combination of bearish factors Gold prices keep sliding for the fourth day in a row on Tuesday, accelerating the decline amid a rallying...

Dollar bulls continue to set the tone

The market focus shifts to Biden’s speech due on Tuesday After outperforming its rivals last week, the dollar remains on the offensive on Monday, holding steady around fresh 2021...

Bitcoin at mid-October lows. What’s next?

The BTCUSD pair’s retreat came amid a broad sell-off in cryptocurrency markets Bitcoin prices have been losing ground for the sixth day in a row on Friday. Earlier in...

Inflation concerns keep gold elevated

The bullion could see fresh multi-month highs in the coming days or weeks Following a negative start to the week, gold prices briefly surged to five-month highs around $1,877...

Bank of England to raise rates in December

The UK consumer price index surged in October to 4.2% year-over-year, to register a 10-year high It looks like the Bank of England would be the first major central...

Focus on US-China talks, US retail sales data

The US currency remains elevated and steady ahead of fresh economic data Market sentiment has improved on Tuesday as investors cheered US-China talks, with the focus now shifting towards...

Japanese yen stays weak despite falling dollar

Now, the market focus shifts to the upcoming events in the United States The Japanese yen remains on the defensive to start the week even as the US dollar...

Bitcoin off highs but stays resilient

The BTCUSD pair has settled in a tight range, struggling to overcome the $65,000 level Earlier this week, the bitcoin price reached a fresh all-time high of $69,000 in...

Hot inflation pushes dollar to fresh yearly tops

Core inflation in the United States surged 4.6%, the most in over 30 years Global stocks came under severe selling pressure while the dollar rallied across the board after...