Wall Street crashes, still in a bear market, and the dollar rises. High inflation could trigger an aggressive reaction from the US Federal Reserve to curb inflation, despite growing fears of a US recession. USD/CAD Price Forecast: Will face strong resistance around 1.2880-1.2900. The USD/CAD it gained traction on Monday and extended its rise to […]
Flora
With 6 years of experience, I bring to the table captivating and informative writing in the world news category. My expertise covers a range of industries, including tourism, technology, forex and stocks. From brief social media posts to in-depth articles, I am dedicated to creating compelling content for various platforms.
USD/JPY slides off multi-year highs, heads 134.25 ahead of Fed decision
USD/JPY hit a 24-year high above 135.00, but pulled back on fears of Japanese intervention in currency markets. The gloomy market sentiment buoyed safe-haven pairs, which favored the yen as USD/JPY traders took profits. The Fed and the Bank of Japan will announce their monetary policy decisions during the week. The USD/JPY it plummets almost […]
Amber Heard breaks the silence on the verdict: “The treatment I received was not fair”
After the famous trial between Amber Heard and Johnny Depp, the actress broke the silence and gave her first interview for Savannah Guthrie of NBCnews. In the conversation he had with the communicator, the protagonist of Never surrender He mentioned that he does not blame the jury for the verdict, since it was reasonable due […]
USD/MXN jumps to 20.50 as Wall Street plunges
Risk aversion intensifies in financial markets. Treasuries also lower, US yields at multi-year highs. USD/MXN breaks key resistance levels, tests 20.45/50 zone. The USD/MXN rises sharply on Monday as global markets fall. The pair went from below 20.00 to 20.50, reaching the highest level since May 2nd. It is posting the biggest daily gain in […]
EUR/JPY falls to 10-day lows below 140.00
Euro under pressure, yen soars on risk aversion. The Dow Jones plunges 2.60% and US yields hit multi-year highs. EUR/JPY drops almost 500 pips in three days. The fall of EUR/JPY from multi-year highs it accelerated on Monday and fell below 140.00. From the highs of last week, it has dropped 500 pips Pullback points […]
AUD/USD falls more than 1.5% to 0.6950
AUD/USD tumbled to the 0.6950 area on Monday, down more than 1.5% on the day and down more than 4.0% in four days. The pair is being hit by risk flows as markets price in a tougher Fed and possible recession. China closing fears are also weighing on the pair, with the bears trying to […]
Anahà and Karol G sing ‘Sálvame’ in a live concert and shake the audience
After 11 years of absence, Anahà returned to the stage at the hands of Karol G. The iconic Mexican singer was a special guest at the concert that the Colombian offered at the Mexico City Arena. The singers fulfilled the dream of thousands of fans when singing Save me as part of the closing of […]
WTI falls but remains near $120 despite risk-off conditions and China shutdown concerns
WTI is trading modestly lower but still trading near $120 amid risky conditions and China lockdown concerns. Weak US data, a surprisingly aggressive Fed, and tight restrictions in China could combine to send WTI back towards its 21 DMA. Although still slightly lower on the day, oil prices trimmed most of the previous session’s losses […]
GBP/USD: Scope for a move to 1.2072/17 and below – Credit Suisse
GBP/USD continues downhill and tests 1.2150 on Monday. Analysts at Credit Suisse remain tactically bearish with next key supports at 1.2157/50 then 1.2072, which is certainly not considered a floor. Key Statements: “Next key support is seen at the recent lows at 1.2167/57, which we expect to be broken quite imminently, with short-term MACD daily […]
S&P 500 index will slump to 3,505 if it breaks below 3,815 – Credit Suisse
The S&P 500 has suffered a new fall and a downward gap after the publication of the IPC on Friday. Credit Suisse economists watch a clear and sustained break below support at 3,815 for a drop to the 50% retracement of the 2020/2021 uptrend at 3,505. Resistance moves to 3,943 initially “We see a conclusive […]
