Category: Investments

The FTSE 100 tumbles as risk appetite slip across the board. The bulls’ latest effort to push beyond 7630 turned out to be futile. A break below 7500 suggests a lack of commitment and weighs Read more…

Bullion rallies over ongoing geopolitical tensions in Eastern Europe. Silver gained momentum after a break above the supply zone at 23.90. A brief fallback found support over 23.10 which indicates solid buying interest. The price Read more…

The Swiss franc surges as the US-Russia stalemate boosts demand for safe-haven assets. Consecutive drops below 0.9220 and then 0.9180 suggest that sellers have taken control. The greenback is heading towards January’s double bottom around Read more…

GBPUSD has been developing within a trading range with upper boundary the 1.3640 resistance and lower boundary the 1.3485 support level over the last three weeks. The price tested the 1.3640 barrier several times as well as Read more…

AUDJPY has been immune to all the volatility in the broader market lately, which is quite surprising since the pair is considered a proxy for risk appetite. The price action has been trapped within a Read more…

EUR/USD At the end of yesterday’s trading session, the bears managed to prevail and gained enough momentum, breaching the 1.1330 support area. At the time of writing, the currency pair is about to test the Read more…

Market movers today Market continues to focus on the Russia-Ukraine situation after Putin yesterday formally recognized the two separatist regions in Eastern Ukraine, Donetsk and Luhansk, as independent. Kremlin ordered troops to move into the Read more…

Markets Geopolitics completely overshadowed strong and promising European PMI business confidence (from 52.3 to 55.8 on a rebound in services). The Kremlin dashed early optimism on a potential Biden-Putin summit, calling it premature and unconfirmed. Read more…

US futures declined in early trading as geopolitical fears rose. Those tied to the Dow Jones declined by about 200 points while S&P 500 fell by about 35 points. The main concern among investors is Read more…

All hell broke loose yesterday, as the Russian President Putin said on a TV address that he recognizes the Ukraine’s two separatist regions Donetsk and Luhansk as republics. The latest statement also hints to the Read more…