Energies
Monthly Archives: July 2022
13 July 2022 – Euro Equates; USDX Slows; Gold Continues to Lose
Written on July 13, 2022 at 8:50 am, by Designer
market news summary U.S. Dollar Index (USDX) The U.S. Dollar fell below its 20 years high and trading is forming horizontal pattern on the hourly chart. Additionally, the moving averages are closing to each other and are expected to cross near 107.80 indicating a critical level. However, the daily chart is not confirming the continuationContinue Reading
12 July 2022 – Gold Hits Nine Months Low
Written on July 12, 2022 at 8:58 am, by Designer
market news summary U.S. Dollar Index (USDX) The U.S. dollar hit a fresh two-decade peak as investors are seeking safety. Market participants expect further aggressive rate hikes by the Fed with the expectation of higher inflation figures. Meanwhile, the dollar index was 0.25% higher at 108.47, its highest since October 2002. The USDX continues toContinue Reading
