Dollar Pushes Beyond First Technical Boundaries

Market picture The sell-off in US stock markets affected global risk appetite late on Monday, reversing initial positivity. As a result, crypto market capitalisation fell 5.4% in 24 hours to 2.29 trillion, back near the weekend lows. The market is hovering near the lows of March. This is a key moment in choosing the market’s […]

Gold price eases further on Friday, extending pullback from new record high $2222 (posted on Thursday) after a strong upside rejection on probe above psychological $2200 barrier. The yellow metal came under increased pressure from stronger dollar after Fed kept the policy unchanged and signaled that high borrowing cost may stay elevated as the US […]

The S&P500 hit a fresh record this year for the 38th time on Tuesday, banks rallied on earnings which showed that the big banks’ trading revenue jumped nearly 20% in Q2 and investment banking revenues rose significantly on increased dealmaking. The technology-heavy Nasdaq 100 lagged, with smaller gains. The Russell 2000 rallied another 3.5%, on […]