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Gold prices rose today, Thursday, supported by the decline in the dollar, while investors await US inflation data that may affect the path of the Federal Reserve (US Central Bank) regarding interest rates. And gold in spot transactions increased 0.4% to 1883 dollars an ounce, and US gold futures rose …

Oil prices were largely steady on Thursday, giving up early gains, as anticipation ahead of the release of US inflation data offset expectations of improving demand in China. Brent crude settled at $82.67 a barrel by 0725 GMT, while US West Texas Intermediate crude fell four cents, or 0.05 percent, …

Japan’s Nikkei closed slightly changed on Thursday amid caution ahead of the release of key US inflation data, while bank stocks rose amid speculation the Bank of Japan’s stimulus package could be modified as next week’s policy meeting approaches. The Nikkei ended Thursday’s session up 0.01 percent at 26,449.82 points, …

Cryptocurrency trading platform Coinbase has announced that it intends to lay off 20% of its employees and attributed this layoff to the need to conserve cash in light of the cryptocurrency market downturn, and the platform plans to cut 950 jobs, according to a statement released Tuesday, January 10. Coinbase, …

Oil, Crude, trading

The Canadian dollar achieved some modest positivity during the previous trading session, with a view of retesting the 1.3460 resistance level to settle for recording the highest at 1.3445. Technically, and by looking at the 4-hour chart, we notice the stability of the RSI around neutrality areas, in addition to …

Oil, Crude, trading

Positive trades dominated the prices of US crude oil futures contracts, invalidating the official bearish scenario as we expected after it managed to build on stability above the support level of 74.30 and after succeeding in breaching the resistance of 75.60, explaining that the rise above 75.60 can thwart the …

We adhered to intraday neutrality during the previous decision due to a conflict between the technical signals. However, we made it clear that breaching the 1880 resistance level could consolidate gold gains to visit our first target for the previous report at 1887, so that gold prices recorded their highest …

Positive, calm trades dominated the movements of the EUR/USD pair within the expected bullish path and a gradual rise to the top, touching the first target to be achieved yesterday at 1.0780, recording its highest level at 1.0778. Technically, we find the current movements of the pair trying to settle …