Forex News May 14, 2022
Oil Oil has now reached a new high for the week. This is the third consecutive week of gains. The oil market's resilience this week is astounding. Nonetheless, oil is poised to gain for the third week in a row.…
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Trading Commodities
Commodities are raw materials or agricultural products that can be bought and sold, with gold, natural gas, and wheat being examples. Commodities are essential to life – from copper to corn, coal to crude oil – and price fluctuations affect…
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$200 billion cleared out of the whole digital money market in a day.
According to Coin Metrics, the price of bitcoin fell as low as $25,401.29 on Thursday. This is the first time the cryptocurrency has fallen below $26,000 since December 26, 2020. Bitcoin has since recuperated a portion of its misfortunes and…
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Forex News May 13, 2022
Risk So far today, risk has remained in a more positive zone.At the very least, equities are getting some breathing room as the week comes to a close. There is still the US session to navigate, and if the wild…
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Inflation
Oil prices plummeted at the start of the pandemic, but demand has since rocketed back to a seven-year high. Gasoline costs an average of $3.31 per gallon in the United States, up from $2.39 per gallon a year ago. It's…
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