Articles by Myrsini Giannouli

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.

Gold price was catapulted above $1,888 per ounce, following the Fed meeting on Wednesday.

Oil prices rallied last week, rising above the key $100 per barrel level and remained strong on Wednesday, with WTI trading above $108 per barrel, rising past the $106.4 per barrel resistance.

Cryptocurrency prices were boosted on Wednesday, following the Fed policy meeting.

The US dollar has been rising these past few weeks, surpassing its pandemic high of 2020 and reaching a 20-year record of 103.9.

Gold price slipped on Tuesday, ahead of the Fed meeting on Wednesday, trading below the 1,877 per ounce support, near a three-month low.