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Crude Oil Prices Rally as EU Mulls Russian Ban, Saudi Facility Hit

Posted by By 22/03/2022Posted inForex
WTI crude oil prices extended a four-day rally as EU countries consider banning Russian oil imports to punish Moscow for its invasion of Ukraine. An attack on Saudi Arabia’s refinery…
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Gold May Lose its Shine as Fed Chair Powell Talks Bigger Rate Hikes Amid Crude Oil Surge

Posted by By 22/03/2022Posted inForex
Gold rose overnight as surging oil prices helped bolster inflation expectations. However, the Fed appears increasingly likely to deliver bigger rate hikes in the near term, which may cap gold’s…
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Euro Technical Outlook – EUR/USD, EUR/CHF. Euro Rally at a Juncture.

Posted by By 22/03/2022Posted inForex
The Euro continues to recover from multi-year lows against the US Dollar and the Swiss Franc but is testing support levels. Can the Euro keep rallying?
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Dow Jones Falls on Surging Treasury Yields, Nikkei 225 May Trade Higher

Posted by By 22/03/2022Posted inForex
The Dow Jones Industrial Average pulled back on Monday as investors weighed Powell’s hawkish comments and surge in Treasury yields. Stocks in Japan may lead the rest of APAC higher.
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USD/JPY Eyes 120 Psychological Level After Fed Chair Powell Firms Up Rate Hike Bets

Posted by By 21/03/2022Posted inForex
USD/JPY is eying the 120 psychological level after the currency pair hit a fresh 2022 high as US stocks fell after hawkish commentary from Federal Reserve Governor Jerome Powell firmed…
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S&P 500, Nasdaq 100, Dow Subdued on Soaring Yields, Fed Roadmap Sparks Jitters

Posted by By 21/03/2022Posted inForex
U.S. stocks fall on Monday amid rising bond yields after Fed officials vow to take the necessary steps to counter inflation and signal that aggressive monetary tightening could be on…
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Australian Dollar Forecast: AUD/USD Rally Stalls Ahead of Yearly High

Posted by By 21/03/2022Posted inForex
The four-day rally in AUD/USD appears to be stalling as the exchange rate struggles to test the yearly high (0.7441).
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Crude Oil Price Forecast: Surge as EU Weighs Russia Oil Ban – What’s Next?

Posted by By 21/03/2022Posted inForex
Crude oil prices have once again surged higher as the EU weighs banning oil imports from Russia.
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FX Week Ahead – Top 5 Events: Fed Speeches; UK Inflation Rate; US Durable Goods Orders; US PMI; German Ifo Survey

Posted by By 21/03/2022Posted inForex
The second-to-last week of March brings forth a relatively calmer economic calendar.
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EUR/USD Technical Analysis: Both a Bullish and a Bearish Formation Appear

Posted by By 21/03/2022Posted inForex
While there's often two sides to every matter there's rarely two opposing formations as clearly presented what's showing in EUR/USD at the moment.
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