Home About the company Daily reviews Dollar gains after the Fed comments

Dollar gains after the Fed comments

Commodities market

Oil prices were flat today ahead of the OPEC+ meeting amid fears that slowing global growth would hit oil demand. Brent crude futures were 0.03% down, and WTI crude futures were flat at $94.42.

Key tickers:

Brent: 99.90 — strong sell.

WTI: 94.75 — strong sell.

NG: 7.756 — neutral.

Foreign exchange market

The U.S. dollar rose today amid geopolitical tensions and hawkish Federal Reserve officials pledging to perform more rate hikes. The DXY index traded 0,1% higher at 106.263.

Key tickers:

EUR/GBP: 0.8348 — buy.

EUR/USD: 1.0184 — neutral.

USD/JPY: 133.11 — strong buy.

USD/CAD: 1.2864 — strong buy.

GBP/USD: 1.2197 — strong buy.

Metals

Gold prices fell today after hawkish comments from Fed. Gold futures fell 0.9%, and spot gold was down 0.2%.

Key tickers:

XAU/USD: 1766.88 — buy.

XAG/USD: 19.904 — strong sell.

XPT/USD: 893.18 — strong sell.

XPD/USD: 2086.10 — neutral.

Crypto market

Bitcoin price moved close to the $22,500 support zone and rose again. Currently, BTC is consolidating near the 22,900 level, up almost 8% in a week. Ethereum stays above the $1,550 level.

Key tickers:

BTC: $23,017.3 — buy.

ETH: $1,633.00 — strong buy.

Neo: $11.0100 — buy.

Zcash: $61.90 — buy.

Stock market

European stock futures are higher today as positive corporate earnings offset geopolitical concerns. The DAX futures traded 0.1% higher, the CAC 40 futures climbed 0.2%, and the FTSE 100 futures rose 0.2%.

Key tickers:

  • indexes

S&P 500: 4,091.19 — neutral.

Nasdaq 100 (NDX): 12,901.60 — neutral.

Dow Jones Futures: 32,458.0 — neutral.

DAX: 13,410.22 — neutral.

  • Shares

Walt Disney Company #DIS: 104.71 — sell.

Apple #APPLE: 160.01 — sell.

Amazon #AMAZON: 134.16 — neutral.

Tesla #TESLA: 901.76 — strong buy.

Meta Platforms Inc #FACEBOOK: 160.19 — strong sell.

Author: GC
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