VIP Analysis report 26/01/2022 by Peter Cruz

Mr. Peter

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Analyst: Peter Cruz

Market Brief


The US Dollar Index (DXY) is consolidating ahead of Fed Day. Bulls are lurking in the flanks with eyes on a correction. The US dollar retreated from a two-week peak on Tuesday as investors set aside the tensions between Russia and the West over Ukraine and instead focussed on today’s Federal Reserve policy meeting.

On the data slate there’s German 10-Year Bond Auction; US Mortgage Applications; US Goods Trade Balance; US Wholesale Inventories; US New Home Sales; US Crude Oil Stocks Change; the US Fed Interest Rate Decision; US Fed Monetary Policy Statement and US FOMC Press Conference.

(a) Precious Metals Market

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