Tag: Soars

Recovery at Risk as US Dollar Soars; XAU/USD Rejected at Resistance

GOLD PRICE KEY POINTS:Gold prices turn lower on Wednesday, pressured by broad-based U.S. dollar strength and strong rebound in U.S. Treasury yieldsBetter-than-expected U.S. economic data backs case for Fed to remain on hawkish...

Oil Soars as OPEC+ Mulls Huge Output Cut to Defend Prices. What Now for Crude?

OIL PRICES FORECASTOil prices blast higher on reports that OPEC+ will deliver a substantial output cut this week to support the marketWTI and Brent’s near-term outlook appears to be improving following the steep...

British Pound Soars as Truss Cans Tax Cut Plan. Will GBP/USD Extend its Recovery?

BRITISH POUND OUTLOOK:GBP/USD rallies after the UK government scraps expensive and unfunded plan to cut taxesWhile the Prime Minister’s credibility has been damaged, investors welcome the move towards a less irresponsible fiscal stanceThe...

German Inflation Soars to 10% in September, EUR/USD Heads to 0.9750

EUR/USD Price, Chart, and AnalysisGerman inflation hits double-figures in September.Hawkish ECB speakers eye a 75 basis point hike in October. Recommended by ...

Terra Classic Soars as Binance Appeases Crypto’s Lunatics

Key Takeaways Terra Classic's LUNC token is up 35% today. The surge follows an announcement from Binance, detailing a plan to burn LUNC trading fees. Terra Classic introduced a 1.2% burn tax on September...

Dollar Soars as Euro Falls Below 0.99; Worry of Energy Shortages Weigh By Investing.com

© Reuters. By Peter Nurse Investing.com - The U.S. dollar rose to a new two-decade high in early European trade Friday, while the euro slumped to its lowest level since 2002 after Russia halted...

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