The past week brought few surprises. As expected, gold set a new record, Brent oil remained under pressure, bitcoin failed to break out of its corrective range, and the euro continued sideways trading while awaiting catalysts that could drive movement in either direction. 💶 EUR/USD The pair ended the week near 1.1650, which can be…
The past week ended unexpectedly – late on Friday, October 10, when most markets were already asleep, Donald Trump woke everyone up. The U.S. President announced that from November 1 (or even earlier) an additional 100% tariff on Chinese imports would be introduced, on top of the existing duties. He also mentioned that the United…
Markets enter the second week of October against the backdrop of the U.S. government shutdown, when, due to the absence of an agreed budget, part of federal agencies ceased operations. As a result, the publication of September’s Non-Farm Payrolls (NFP) and other labour market indicators has already been delayed. The U.S. ISM Services PMI fell…
The week ends against the backdrop of the Fed’s policy meeting, pressure on commodities, and new record highs in gold. The euro continues to trade above 1.1700, Bitcoin is consolidating around 116,000, Brent crude is struggling to stay above $66 per barrel, while gold reached fresh all-time highs, peaking at $3,707 per ounce. 💶 EUR/USD…
The week ended with markets awaiting the key Federal Reserve meeting on September 16–17. The euro held around 1.1730, Bitcoin resumed its growth, the average Brent crude price remained at $66.50 per barrel, while gold once again renewed its all-time high. 💶 EUR/USD The euro closed the week at 1.1734. Buyers are vigorously defending the…
The past week ended with mixed performance across markets. The euro stabilised around 1.1700 against the dollar, Bitcoin fluctuated just above 111,000, Brent crude fell toward 65 dollars per barrel, while gold climbed to 3,600, setting new all-time highs. Investors still expect that at the meeting on September 16-17 the Federal Reserve will cut rates…
In the final days of August, the dollar weakened after Jerome Powell’s dovish remarks at Jackson Hole. The Fed Chair hinted at a possible rate cut in September, which sent the Dollar Index (DXY) sharply lower. Over the past week, the index failed to recover those losses and closed at 97.77. Investors continue to expect…
The chart of the dollar index (DXY) last week resembled the Greek letter “Λ.” Accordingly, the dynamics of major dollar-paired assets can be illustrated as a Latin “V.” For most of the five trading days, the U.S. currency strengthened, but then Jerome Powell delivered a blow. In his speech prepared for the annual Jackson Hole…
Last week was marked by volatile dynamics across financial markets. The euro hovered near the upper end of its range, gold eased slightly, bitcoin rallied toward new highs before pulling back, and Brent crude held just above $66 per barrel under pressure from both geopolitical and fundamental factors. 💶 EUR/USD EUR/USD ended the week around…
In recent years, the online trading market has been expanding rapidly, and the presence of traders from Muslim-majority countries has become increasingly visible. According to the Pew Research Center, the global Muslim population now exceeds 1.9 billion people, representing almost a quarter of the world’s total population. The highest concentrations of Muslims are found in…