Tag: dollar index

daily market analysis
September 28, 2020 BY Steffy Bogdanova

Daily market commentary: Dollar Index continues to hover close to its highest level in two months

EUROPEAN SHARES  European markets opened higher on Monday, continuing the trend registered overnight in Tokyo, Hong-Kong and Seoul as investors welcomed the latest encouraging data from China. While Beijing's economic recovery seems to be well underway, tensions with Washington continue to grow after the US issued another export restriction on China's largest chipmaker. Monday morning's rally…

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daily market analysis
September 25, 2020 BY Valentina Kirilova

Daily market commentary: The dollar index hedges lower

EUROPEAN SHARES  Volatility continues to increase in stock markets as the week draws to an end, especially in Europe, where most benchmarks opened mixed but with strong price actions. Rising virus infections are weighing on market sentiment, principally after France and the UK registered new record numbers. Investor hopes are now that new governmental stimulus…

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daily market analysis
July 30, 2020 BY Valentina Kirilova

Daily market commentary: Gold price remains volatile

EUROPEAN SHARES  European contracts traded lower on Thursday as market sentiment remains uncertain ahead of today’s slew of corporate results. The Fed’s extremely dovish tone yesterday was already largely priced in and didn’t lead to extreme price action on stock markets. Even though Jay Powell pledged to keep the macro environment extremely accommodative using all…

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daily market analysis
July 29, 2020 BY Valentina Kirilova

Daily market commentary: The US Dollar Index plunges to its lowest in more than 2 years

EUROPEAN SHARES  European stock markets continued their consolidation on Wednesday, following an Asian trading session without clear direction. Even if global fiscal and monetary stimulus provided investors with some sort of insurance against deeper market corrections, the current busy macro environment makes short-term market predictions very difficult for traders. The current lack of market directionality…

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daily market analysis
July 28, 2020 BY Valentina Kirilova

Daily market commentary: A new record for gold

EUROPEAN SHARES  European markets are mostly trading higher but without a clear direction nor significant volatility on Tuesday as the “wait and see” mood continues on riskier assets. The current short-term lack of directionality is partly explained by expectations investors have towards the ongoing negotiations between Republicans and Democrats in the Senate about a multi-trillion-dollar…

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Daily Market analysis
May 14, 2020 BY Valentina Kirilova

Daily market commentary: The US Dollar Index continues to rise

EUROPEAN SHARES  European shares drifted lower on Thursday alongside Asian equities and US Futures on the S&P 500 as market sentiment slowly fades. Investors, who were already sceptical about further gains on stocks, have seen their risk appetite slashed by yesterday’s comments from Jerome Powell. The Fed chairman added to the current uncertainty by warning…

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