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Market Insights

Euro down and Dollar up

The Euro Below 99 Cents for First Time in 20 Years

European equity futures dropped, and the euro and pound sterling fell today, Monday as the energy crisis has been escalating adding pressure to an already stressed global economy troubled by soaring inflation and the tightening of monetary policies. At the
US Dollar HIGH

U.S. Dollar at 5-week High, Fed Signals Hawkish Mood

Prospects of a continuous. aggressive monetary policy by the Fed, the troubled Chinese property market, a power crunch and Covid 19 mobility curbs make up some major markets forces for today, Monday. Among other market movements, the U.S. dollar rose
Oil Stocks Down

Oil, Stocks Down as Fed likely to hike interest rates

Stocks, oil, and gold fell, U.S. equity futures wavered while the U.S. dollar was slightly up against other currencies today, Monday. Market sentiment has been affected by a dimming economic outlook and fears that hiking interest rates could tip global