Wednesday, April 24, 2024
Advertisement

Dollar on the defensive nearly across the board

The common currency remains upbeat in the short term as the greenback looks offered Following a jump to fresh 2021 highs on September 30, the dollar switched into a...

Bitcoin catches a bid, $45,000 in focus

Digital currencies need some fresh bullish drivers at this stage to continue to ascent in the coming days Following several failed attempts, the bitcoin price managed to stage a...

Oil stays afloat despite rising inventories and rallying dollar

US crude oil stockpiles increased for the first time in eight weeks Oil prices came off intraday lows to finish marginally higher on Wednesday. Today, Brent crude preserves the...

Euro at nearly one-year lows

The common currency accelerated the decline amid the rallying dollar The euro remains under severe selling pressure, suffering losses for the fourth day in a row on Wednesday. Earlier in...

Gold pressured by dollar bulls

The USD index rallied to fresh monthly highs around 93.60 Gold prices failed to overcome the $1,760 intermediate resistance at the beginning of the week to finish unchanged yesterday....

Dollar stays buoyed to start the week

The euro could see deeper losses in the short term if dollar demand persists The dollar gathers traction on Monday as risk sentiment looks mixed at the beginning of...

Bitcoin struggles to extend recovery

The overall risk sentiment in the traditional financial markets has deteriorated as well  Bitcoin price surged to the $45,000 figure earlier on Friday before turning lower in recent trading....

Oil retreats from mid-July highs

If the $75 figure gives up, yesterday’s lows in the $74.50 region will come back into the market focus Oil prices erased losses incurred earlier in the week to...

All eyes on Fed and dollar

The bank is not expected to announce any major policy change at the meeting Following a strong sell-off in the global stock markets at the beginning of the week,...

Gold prices stay afloat as dollar demand eases

The USD index jumped to fresh four-month tops at the beginning of the week before correcting slightly lower Gold prices have been retaining a modest bullish bias for the...