USD Index_3005

The US Dollar Index got a notable push since the middle of last week on the back of some positive economic releases. However, the biggest push came in from the US 2nd GDP estimate, which showed a revision to the upside towards 1.2% instead of the initial reading of 0.7%. Such reading brings back the possibility of another 25bps rate hike by th...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Gold technical analysis

In the wake of the US Jobs Report on Friday, safe haven assets showed a notable spike right after the NFP announcement. Both Gold and Silver spiked this year’s highs. However, they both retreated at the end of the session, forming what could be a reversal signal, which might lead to a short-term retracement later this week. Yet, the bullish ou...

2017-04-10 Nour Eldeen Al-Hammoury Read more