SmartFXGold Up Supported by Recession ConcernsGold Price (XAU/USD) tumbled to $1,822 as an escalation in the recession risks propels the yellow metal demand heading into Wednesday’s…Jun 29, 2022Jun 29, 2022
SmartFXPerformance of the Week: Dow Jones Soars — Trading Above 32,600For the first time in 2 straight months, Dow Jones is hitting one-week high amid optimistic US earnings outlook while the greenback hits…May 27, 2022May 27, 2022
SmartFXThe Loonie is Nearing 2-Week Low Due to Soaring Oil Prices and Weaker USDThe soaring crude oil prices continued to weigh down the loonie, not being helped by the weaker USD. It is under pressure at the start of…May 23, 2022May 23, 2022
SmartFXOil Soars — Brent at 113.3, WTI at 109.5Crude oil prices surged for 3 consecutive days as supply concerns remained at the fore. The European Union is doubling down on their…May 6, 2022May 6, 2022
SmartFXBOE RAISES ITS INTEREST RATES TO 1%The Bank of England raised its key refinancing rate by 25 basis points to 1%. This is the fourth straight increase and it now sits at its…May 5, 2022May 5, 2022
SmartFXThe Dollar Rose as High as 102.78 Hitting 2-Year HighOn Wednesday, in the early European trading session at 9:00 AM GMT, the dollar index which tracks the greenback against six other major…Apr 27, 2022Apr 27, 2022
SmartFXThe White Metal Prices Soar Despite Higher USD and YieldsSilver looks set for a short-term bout of strength as it approaches yet another all-time high. The white metal has been consistently making…Mar 25, 2022Mar 25, 2022
