About: anakin
Recent Posts by anakin
MARKETS TODAY: Turbulence Following Escalation in Middle East
ICYMI – Market summary for today, 19 April 2024 Israel’s attack on Iran following a retaliatory drone strike, has intensified market volatility. This series of events caused a flight to safety among investors, influencing various asset classes and currency valuations globally. Following the initial news, the Swiss franc appreciated against the dollar, with an increaseContinue Reading
Written on April 19, 2024 at 6:13 am
Categories: Today's Analysis
OIL: Prices Rise by $3 From Unverified Reports of Explosions in Iran
Brent Futures on the Rise Today, oil prices experienced a notable increase, with Brent futures rising $3.03 to $90.14 per barrel and U.S. West Texas Intermediate crude ascending by 3.7% to $85.76. This uptick is attributed to market reactions to potential geopolitical events in the Middle East, specifically unverified reports on X (formerly known asContinue Reading
Written on April 19, 2024 at 2:50 am
Categories: Today's Analysis
How is the US Dollar Performing in Light of Changing Rate Cut Expectations?
Looking at today, April 19 2024, the U.S. dollar is on track to achieve a second consecutive week of gains as of this Friday, driven by an unexpectedly robust U.S. economy which has recalibrated both investor and policy expectations concerning Federal Reserve rate cuts for the remainder of the year. The greenback reported a 0.17%Continue Reading
Written on April 19, 2024 at 1:50 am
Categories: Today's Analysis
U.S. Dollar Stays Strong, Rising Bond Yields on Currency Pairs
The focus is intensifying on the U.S. dollar’s interaction with major currency pairs such as EUR/USD, GBP/USD, USD/JPY, and USD/CAD. The EUR/USD pair, for instance, has shown resilience, rebounding from a crucial support at 1.0600 and ascending past 1.0650. Technical indicators set resistance levels at 1.0695 and 1.0725, with potential to reach 1.0820. Should theContinue Reading
Written on April 18, 2024 at 9:50 am
Categories: Today's Analysis
Notification of Server Upgrade – April 18, 2024
Dear Client, As part of our commitment to provide the most reliable service to our clients, there will be server maintenance this weekend. Maintenance Hours (MT5): 20th April 2024(Saturday): All day 21st April 2024(Sunday): 03:00 – 23:59 (GMT+3) Maintenance Hours (MT4): 20th April 2024(Saturday): 02:00 – 16:00 GMT+3 21st April 2024(Sunday): 03:00 – 23:59 (GMT+3)Continue Reading
Written on April 18, 2024 at 8:26 am
Categories: Notifications
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