Daily Market Analysis

The value of the US dollar continues to rise, but is this because of the strength of the dollar itself or just the weakness of the euro, Japanese yen, and British pound?

The US dollar index rose to 105.40 after the Fed’s 75-basis-point key rate hike, while the stock and the crypto markets fell. However, during the past few days, investors and traders returned to risk assets as they expect inflation growth to slow. Moreover, Jerome Powell, the head of the Federal Reserve, announced the Fed might start cutting the key rate by 2024, which is the most evident hint of an upcoming market reversal.

Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…

Last week was shocking!  The US dollar gained more than 2% against other currencies ahead of the 75-basis points rate hike by the Federal Reserve on Wednesday but dropped after the announcement…

Powell wants a soft landing for inflation, as Greenspan did in 1994. But it looks like he will get a hard landing.

On Wednesday, June 15, USDJPY hit the highest level since January 2002 at 135.57.

Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now trading within the Kumo…

Last week was intense!  The US dollar gained more than 2% against other currencies on investors' concerns regarding one more inflation wave in the United States caused by the fuel crisis…

The euro area (EA) faced a 7.4% annual inflation in April, and the European Union (EU) had an 8.1% price growth. Rates hikes are crucial for the economy to stop collapsing; still, the ECB is doing nothing but talk. Step by step, we’ll find out what will happen with Europe.

After months of pressure from the White House, Saudi Arabia relented and agreed with other OPEC+ members to increase production.

Elon Musk is famous for his statements and tweets that spread around news headlines in a moment and provoke a lot of buzzes…

Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is now trading above the Kumo…