Articles by Myrsini Giannouli

Cryptocurrency prices continued their decline on Tuesday, ahead of the next FOMC policy meeting, as increasingly hawkish Fed policy has led to expectations of a sharp rate hike this week.

The Yen plummeted to a 20-year low on Thursday, following the BOJ’s monetary policy meeting.

Gold price declined further on Thursday, trading below the $1,893 per ounce support level and testing the 1,877 per ounce support early in the day, before recovering some of its losses.

Oil prices resumed their ascend on Thursday, with WTI climbing to $105.9 per barrel.

Tech stocks rose on Thursday, boosted by positive Microsoft earning reports, which created a positive climate ahead of the release of Apple and Amazon earnings.

The dollar index continued rising on Wednesday, with the dollar index surpassing its pandemic high of 2020 and going above 103 for the first time in five years.

Gold price declined further on Wednesday, dropping below the $1,893 per ounce support level.

Oil prices remained steady on Wednesday with WTI trading between $100 and $103 per barrel.

Crypto markets climbed on Wednesday, supported by rising US stocks and especially certain tech stocks.