Discover today's news
Our renowned analysis brings you the latest opinions and commentaries to keep ahead of the markets. Start your trading day with technical insights into the financial sector.
WTI falling below $39
OIL In the last few days the technical scenario for oil has deteriorated sharply with WTI falling below $39 to its lowest level since June. There is now a first support zone just above $37, while at $35 there is a stronger support. This decline could open space for an increase in volatility after[…]
Gold has been hit by the strength of the greenback
FOREX The dollar continues to recover some of the ground it lost to the euro after the Fed announced a new, more flexible, stance towards inflation. Although the greenback’s medium to long term forecast remains skewed to the downside, investors are repositioning themselves in relation to the single currency. This follows comments from the ECB’s[…]
The dollar is in decline
FOREX The dollar is in decline versus other major currencies, sinking to more than 2 year lows during early Tuesday trading, as the Fed’s decision to adopt a more dovish stance towards inflation continues to reverberate in the markets. Investors see the central bank’s willingness to tolerate higher inflation levels as an indication that interest[…]