Will All That Glitters Turn to Gold Against a Rusty Greenback?

Piece written by Alexa Smith, Trive Financial Market Analyst  The gold spot price (XAUUSD) has bounced due to a weaker USD. Cooling inflation in the US has prompted the likelihood…

Kommentare deaktiviert für Will All That Glitters Turn to Gold Against a Rusty Greenback?

The EURUSD’s Upside Momentum Spills Over into the New Week

Piece written by Nkosilathi Dube, Trive Financial Market Analyst  According to data released on Friday, German wholesale prices dropped by 2.9% in June compared to the same month last year,…

Kommentare deaktiviert für The EURUSD’s Upside Momentum Spills Over into the New Week

S&P500 Futures Soar as U.S. Inflation Cools

After four consecutive days of gains, the S&P500 Futures (CME: ES) are attempting to close off a fifth day in positive territory. The index is approaching a second-quarter 2022 high…

Kommentare deaktiviert für S&P500 Futures Soar as U.S. Inflation Cools

The Greenback Sinks to Lows Last Seen Over a Year Ago

After shattering the 1.10000 psychological level, the EURUSD currency pair has continued on its run higher, driven by the market’s growing appetite for risk assets. The pair is back in…

Kommentare deaktiviert für The Greenback Sinks to Lows Last Seen Over a Year Ago

Inflation Slowdown Boosts Crude Oil Rally

The WTI Crude Oil Futures (NYMEX: CL) have enjoyed an impressive rally since Tuesday due to slowing inflation in the US which reinforced the nearing the end of the Fed’s…

Kommentare deaktiviert für Inflation Slowdown Boosts Crude Oil Rally

The EURJPY Opens Positively After A 7-Day Selloff

The EURJPY currency pair has been at the mercy of bears, who sold off the pair for seven straight days, bringing it down 2.26% from its year-to-date peak.  The Yen…

Kommentare deaktiviert für The EURJPY Opens Positively After A 7-Day Selloff