Tag: forex

Daily Market Commentary
December 07, 2022 BY Steffy Bogdanova

Daily market commentary: The uncertainty brought by the latest batch of EU sanctions on Russia is impacting market sentiment this week

European Shares Shares opened on a mixed tone in Europe on Wednesday, following a bearish Asian trading session. While US futures also point to a weaker open as investors digest an uneven macro picture. The uncertainty brought by the latest batch of EU sanctions placed towards Russia is significantly impacting market sentiment this week, especially…

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December 05, 2022 BY Steffy Bogdanova

Daily market commentary: The greenback is under pressure, devaluing 5% in relation to a basket of other major currencies

European Shares European stocks traded sideways at the beginning of the new trading week, while Asian shares closed higher overnight, as positive sentiment prevailed following reassuring developments in China. Risk appetite is on the rise on Monday and investors are driving equities and commodity-related markets higher after Beijing increased the prospect of higher demand from…

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Daily Market Commentary
December 01, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar index loses over 5% in November

European Shares European markets continued to climb on Thursday, extending gains registered by Asian shares overnight, as investors continue to cheer on major narrative changes. Risk appetite stays on the rise this week after investors witnessed Fed chairman Jerome Powell confirm a slowdown in further rate hikes, and stating an economic “soft landing” was becoming…

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November 30, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar is edging down

Traders will also be paying close attention to Jerome Powell’s speech later this Wednesday, which could provide clues over the pace of rate hiking by the Fed. Ricardo Evangelista – Senior Analyst, ActivTrades Brent oil prices rebounded during early Tuesday trading, gaining more than 4%, read more... Disclaimer: opinions are personal to the authors and…

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