Articles by Myrsini Giannouli

On Monday, the Euro edged higher, bolstered by hawkish ECB rhetoric, while the dollar slipped, and the EUR/USD rate climbed to 1.051.

Gold price was stable on Monday, trading near $1,840 per ounce, benefiting by the dollar’s weakness.

Oil prices were steady on Monday, with tight supply balanced against slowing global economic growth.

Cryptocurrency prices plummeted last week, as global recession concerns drove riskier assets down.

In a surprise move, the US Federal Reserve voted to raise its benchmark interest rate by 75 points on Wednesday, taking aggressive action against inflation.

Gold price rose above $1,830 per ounce on Wednesday, benefiting from the dollar’s weakness following the Fed monetary policy meeting.

Oil slipped on Wednesday, with WTI dropping to $115 per barrel, below the $117 per barrel support.

High market volatility on Wednesday triggered volatility in cryptocurrency prices, as markets struggled to process the outcome of the Fed policy meeting.

Bear markets prevailed on Tuesday ahead of the Fed policy meeting on Wednesday.