Saturday, May 18, 2024
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Euro could regain the 1.2000 barrier amid dollar weakness

The common currency may finish the trading week above the 1.1900 figure Treasury yields continued to retreat from highs after Federal Reserve Chair Jerome Powell reiterated that inflation was...

Gold underpinned by dollar’s weakness

Now, investors await Jerome Powell’s speech at an IMF seminar Gold prices managed to settle above the 20-DMA due to a retreat in the dollar seen these days. The greenback...

Dollar steadies ahead of FOMC minutes

If some hawkish hints follow, the greenback could rally across the market The corrective downside in US yields sent the dollar lower nearly across the board this week. Yields...

Bitcoin stuck in a range. What’s next?

Volatility in the market has decreased substantially as of late, making bitcoin potentially more appealing to institutional investors Bitcoin price has steadied in a tight range just above the...

Dollar bulls keep euro under pressure

The renewed lockdowns in Europe along with the outperforming recovery in the US economy will likely keep the dollar elevated The euro remains under pressure on Monday as dollar...

Gold bounces amid dollar weakness

The XAUUSD pair extended gains to the $1,730 area and could now target last week’s highs around $1,745 Gold prices have been creeping higher for the second day in...

Oil rises ahead of OPEC+ decision

There may be a proposal for a gradual increase in output up to 500k barrels per day moving forward Oil fell another 2% on Wednesday amid a pessimistic demand...

Dollar slightly off highs, still resilient

The yield on the benchmark 10-year Treasury note hit a 14-month high of 1.776% before retreating  The US dollar came off fresh highs registered earlier on Wednesday while staying...

Bitcoin extends the Visa-inspired rally

The BTCUSD pair surged to the $58,300 area, exceeding the 20-DMA that capped gains last week Bitcoin price extends the rebound from last week’s lows registered just above the...

Euro threatens fresh 2021 lows

The greenback remains steady versus most rivals, staying around one-year peaks as the safe-haven demand persists The euro is back threatening the 1.1760 area, a break below which would...