Market Notes | Kaje Forex

Gold prices rose slightly on Friday as pressure from the dollar eased further, but were set for a sixth straight month of losses as rising interest rates severely dampened the outlook for the yellow metal.

As long as the BTCUSD price stays above 19755 on a daily basis, we will see the main resistance level at 20719 and 21699. On the downside, if the price goes drops below 19755, the next support level will be...

Markets are fully priced for another 75 basis point hike by the ECB next month, with 1-in-3 odds for a full percentage point bump. As long as the USDCHF pair stays above 0.9757 on a four-hourly bas...

Data on Thursday showed German inflation at its highest in more than a quarter of a century, driven by high energy prices, with analysts warning that the energy crisis has yet to make itself fully felt.

Traders are now waiting to see if the decline in the dollar will be sustained, or just another blip before more upward movement. The factors that boosted the greenback- elevated inflation and a hawkish Feder...

The U.S. dollar resumed its seemingly relentless march higher in early European trading Thursday, while sterling slumped as the relief rally attached to the Bank of England’s intervention into the bond...

Gold prices fell slightly on Thursday after recovering sharply from multi-year lows, as markets remained wary of another resurgence in the dollar and Treasury yields. As long as the GOLD price stay...

Oil prices retreated slightly on Thursday after gaining more than $3 in the prior session, with a strong dollar capping oil demand from buyers using other currencies and concerns over the faltering economic...

UK financial markets have cratered in recent days after new Finance Minister Kwasi Kwarteng announced plans to slash taxes and ramp up borrowing. As long as the USDCHF pair stays above 0.9757 on a...

The safe-haven U.S. dollar soared to a new 20-year high in early European trading Wednesday, as more hawkish Fed speak and rising Treasury yields spurred fresh recession fears. As long as the...

The dollar has surged this year on an extremely hawkish stance adopted by the U.S. Federal Reserve, with rising interest rates making the currency a more attractive safe haven than gold As long as...

Oil prices were mixed in early Asian trade on Wednesday as support from U.S. production cuts caused by Hurricane Ian contended with crude storage builds and a strong dollar. As long as the CRU...

Last week, the Fed signaled that high rates could last through 2023, and the index erased the last of its gains from a summer rally and recorded its lowest close since November 2020. As long as the...

Speaking on Tuesday, St. Louis Fed President James Bullard made a case for more rate hikes, while Chicago Fed President Charles Evans said the central bank will need to raise rates by at least another percen...

The dollar index retreated slightly after scaling a new 20-year high on Monday. A rout in most other asset classes and rising interest rates boosted the greenback’s safe haven demand, helping the curre...

Oil steadied in early Asian trade on Tuesday as indications that producer alliance OPEC+ sought to avoid a collapse in prices, along with a slight softening in the U.S. dollar, tempered an earlier selloff.

Weighing on sterling, Britain's new finance minister Kwasi Kwarteng announced tax cuts and household and corporate support measures and the UK debt office laid out plans for 72 billion pounds ($79.74 bil...

The euro and sterling plummeted to fresh 20-year and 37-year lows against a surging U.S. dollar on Friday after surveys showed the downturn in business activity across the euro zone and Britain accelerated t...

As long as the GOLD price stays below 1650 on a four-hourly basis, we will see the main support levels at 1638 and 1626. On the upside, if the price move up 1650, the next level will be at 1667. Su...

As long as the CRUDE OIL price stays below 82.01 on a daily basis, we will watch the main support level at 76.41. On the upside, if the price goes beyond 82.01, the next level will be at 86.55. Sup...

As long as the USDCHF pair stays above 0.9831 on a four-hourly basis, the next resistance level will be at 0.9938. On the other hand, If the pair drops below 0.9831, we will see support level at 0.9757....

As long as the EURUSD stays below 0.9774 on a daily basis, we will watch the support level at 0.9621. On the upside, if the price moves up above 0.9774, the next resistance level will be at 0.9878.

The dollar index, which tracks the greenback against a basket of six advanced economy currencies, rose to a new 20-year high over 112, as surging short- and long-term interest rates on dollars continued to s...

The U.S. dollar edged higher in early European trading Friday, remaining in demand after the Federal Reserve’s hawkish stance. As long as the EURUSD stays below 0.9774 on a daily basis,...