Monthly Archives: April 2022
29 April 2022 – FX daily insight
Written on April 29, 2022 at 8:37 am, by Designer
Market News Summary Euro remains at five years low; Crude oil trend is unclear; Gold indecisive; Bitcoin set for further decline. U.S. DOLLAR INDEX The price of the US index has reached an all-time high of roughly 104.00, indicating that it is in an overall optimistic trend. The hourly chart shows a price retreat toContinue Reading
29 April 2022 – Daily FX Update
Written on April 29, 2022 at 8:21 am, by Designer
Overview Euro loses to growth numbers Gold in a safe-haven-ish situation Investors discount Fed expectations FOREX U.S. Dollar Index The dollar was down on Friday morning in Asia but held firm at a 20-year high and is set for its best monthly gain in a decade. Bets on rising U.S. interest rates, alongside doubts aboutContinue Reading
28 April 2022 – Daily FX Update
Written on April 28, 2022 at 7:09 am, by Designer
Overview European data is weaker again Gold dipped below $1,900 Markets await Fed’s meeting FOREX U.S. Dollar The dollar hit a five-year high yesterday as market participants await the Federal Reserve next week which is expected to hike rates. Meanwhile, the euro weakened on growth concerns after Russia cut off gas supplies to parts ofContinue Reading
28 April 2022 – FX daily insight
Written on April 28, 2022 at 6:59 am, by Designer
MARKET NEWS SUMMARY Euro on five years low; Cable at the weakest in three years; Gold bears are in control; Bitcoin set to further decline. Euro (EURUSD) The Euro traded at its lowest rate in five years at 1.0520, thus it retains the negative rally. The charts show a continuation of the downtrend over theContinue Reading
27 April 2022 – FX daily insight
Written on April 27, 2022 at 10:39 am, by Designer
Market News Summary U.S. dollar at five years high Euro towards 1.0325 Gold is at a critical level Crude oil under supply pressure Euro (EURUSD) The common currency is under unrelenting pressure as its counterparty is on a rocketing breakout. EUR/USD has cracked the 2020 lows of 1.0635 and heading towards the five-year low ofContinue Reading
27 April 2022 – Daily FX Update
Written on April 27, 2022 at 9:56 am, by Designer
Overview Russia cuts gas supply to EU Gold dipped COVID-19 hits harder in China FOREX U.S. Dollar The U.S. dollar posted further gains in early European trade Wednesday, trading at two-year highs on safe haven flows as traders digested slowing global growth, raised geopolitical tensions, and the prospect of more tightening by the Federal Reserve.Continue Reading
STARTRADER Sponsoring Thailand Traders Fair
Written on April 26, 2022 at 9:46 am, by Designer
Thailand Traders Fair Thailand Traders Fair & Awards, which was held at Shangri-La Hotel, Bangkok on Saturday, April 23, 2022, is organized by one of the largest events companies FINEXPO. FINEXPO has an extensive network with more than 30,000 financial specialists and financial consultants, along with more than 3,000 of the top global financial companiesContinue Reading
26 April 2022 – FX daily insight
Written on April 26, 2022 at 9:16 am, by Designer
Market News Summary Euro continues the fall; Swiss Franc at new low; Gold is supported at 1,900. Euro (EURUSD) On the daily chart of the Euro, the overall trend remains bearish. Similarly, the price is currently intersecting the negative trend line and the level of 1.0725 on the hourly chart, indicating a significant downturn. TheContinue Reading
26 April 2022 – Daily FX Update
Written on April 26, 2022 at 8:52 am, by Designer
Overview Market worries about oil supply Gold safety is dimmed Yen might reach 135 COVID-19 hits harder in China FOREX U.S. Dollar Index The dollar held near a two-year peak on Tuesday as concerns about the economic impact of China’s COVID-19 lockdowns held up the greenback’s safe-haven appeal and aggressive U.S. interest rate hike expectationsContinue Reading