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WTI Crude Oil Slumps to Fresh Yearly Low amid Recessionary Fears
WTI Crude Oil Slumps to Fresh Yearly Low amid Recessionary Fears
2022-12-07 11:23:54
WTI continued its decline in European trade printing a new YTD low. Continued dollar strength and EIA data could result in further losses.
British Pound (GBP) Latest – GBP/USD Steered by Renewed Dollar Strength
British Pound (GBP) Latest – GBP/USD Steered by Renewed Dollar Strength
2022-12-07 09:07:06
The US dollar is pushing higher ahead of next week’s FOMC meeting, leaving a range of major currencies, including Sterling, struggling in its wake.
The US Dollar Gripped the Ascendency as Risks of Recession Swirl. Will USD go Higher?
The US Dollar Gripped the Ascendency as Risks of Recession Swirl. Will USD go Higher?
2022-12-07 05:00:00
The US Dollar held on to overnight gains as markets recalibrate risks of an economic slowdown in the West against a re-opening of China. Will the DXY index (USD) rally?
Australian Dollar Steady Despite GDP Disappointment. Where to for AUD/USD?
2022-12-07 00:30:00
The Australian Dollar was little changed in the aftermath of underwhelming third quarter domestic GDP data and revisions lower of previous quarters. Will AUD/USD sink?
A VIX ‘Breakout’, Heavy Dollar Technicals, BOC Volatility and Recession Signals
2022-12-06 22:45:49
The markets carried over greater market activity this past session with the VIX clearing its two-month descending channel and the S&P 500 extending its slide; but systemic trends will still be difficult to form from here. Yet, that doesn’t preclude volatility in ranges like the Dollar-majors or from event risk like a BOC hike.
S&P 500, Nasdaq, Dow: Key Support Zones Now in Play
2022-12-06 21:05:17
The high-flying Dow has pulled back to support at a prior swing-high, and the Nasdaq is brewing a double top formation.
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