EUR/USD Heads towards its First Profitable Month of 2022, Eyeing Critical levels
The pair has been having very bad year, but after two straight profitable weeks, it moves towards the first positive month of the year
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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The pair has been having very bad year, but after two straight profitable weeks, it moves towards the first positive month of the year
The German index is upbeat today as sentiment remains in a good place, after last week’s risk rebound, eyeing key technical levels
DOGE/USD jumped on Friday, after a helpful tweet from Tesla’s CEO and starts the current week on the offensive
The week of May 23-27 was a good one for Wall Street, as SPX500 looks set to stop its seven-week losing. Nvidia’s record revenues and cautious guidance, Alibaba’s resilience and XPeng’s mixed results were some of the news that stood out
The pair is soft today and runs its third straight negative week, as fears over the Fed’s tightening path ebb in the aftermath of Wednesday’s minutes
The commodity is in a consolidation pattern this week, but finds support as US EIA stockpiles shrunk and the CEO of oil giant Aramco warned of low spare capacity
ETH/USD is on the back foot today and heads towards the eight straight negative week, as ECB’s Lagarde and other speakers have slammed cryptos, in the aftermath of their recent rout
The pair is running its second straight profitable week, but faces pushback ahead of key technical levels, after yesterday’s rather hawkish minutes by the Fed
Snap issued a profit warning on Tuesday, causing its stock to plunge and weighed on other tech stocks and the NAS100, amidst an unfavorable environment for the tech sector
NZD/USD jumped after the Reserve Bank of New Zealand hiked interest rates by 50 basis points, to 2%, the highest level since September 2016
XAU/USD may be flat today, but moves towards its first profitable week in a month, helped by risk aversion and the greenback’s demise
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