Articles by Myrsini Giannouli

Gold reached a two-month high of $1,853 per ounce on Tuesday, but plummeted on Wednesday after the Fed’s announcements.

WTI price continued climbing on Thursday, even after the Federal Reserve’s hawkish announcement.

Bitcoin and Ethereum prices had started to rise at the beginning of the week, after falling heavily last week.

The dollar started out strong on Wednesday and gained even more strength after the Federal Reserve’s announcements, with the dollar index climbing above 96.5.

Gold reached a two-month high of $1,853 per ounce on Tuesday, as investors sought safe-haven assets, threatened by the Russia-Ukraine crisis and the stock market turmoil at the beginning of the week.

WTI prices continued rising early on Wednesday, ahead of the Federal Reserve announcement.

Cryptocurrencies have come under pressure the past few months amid expectations of a more hawkish monetary policy by the Fed and other major Central banks.

After a tumultuous day for stocks, commodities and currencies on Monday, global markets continued showing high volatility on Tuesday.

Gold continued trading in an uptrend on Tuesday, above its $1,829 per ounce resistance level, supported by rising geopolitical tensions and market volatility.