Articles by Myrsini Giannouli

The dollar rose to a 20-year high early on Monday, with the dollar index rising to 104.19, but its rally was halted later in the day.

Gold price ended last week at a low level, and remained bearish on Monday, falling through the $1,877 per ounce support and is currently testing the $1,854 per ounce support.

Oil prices went into free fall on Monday, with WTI dropping from $110 to $102 per barrel, led by a global stock sell-off.

A strong risk-off sentiment has prevailed since last week, driving investors to safer assets and dampening the appeal of cryptocurrencies.

The dollar recovered its losses on Thursday, as markets had time to absorb Wednesday’s Fed statement, with the dollar index jumping again to the 20-year record of 103.9.

Gold price crashed on Thursday, falling as low as $1,875 per ounce, and is currently testing the $1,877 per ounce support.

Oil prices remained strong on Thursday, with WTI trading above $110 per barrel.

A strong risk-off sentiment prevailed on Thursday, as markets had time to assess the Fed policy statements.

The dollar plummeted on Wednesday, following the release of the Fed statement, with the dollar index crashing to 102.5.