Oil, Crude, trading
Read More »Oil Continues to Consolidate 22/2/2022
Oil, Crude, trading
Read More »Gold Tests Pivotal Levels 22/2/2022
Gold prices jumped during the early morning trading after it succeeded in breaching the resistance level of 1905, explaining last Friday that the breach of the mentioned level can extend gold’s gains to visit 1916, recording its highest level at 1914. Technically, the price’s success in building an intraday basis …
Read More »The Euro Fails to Break Through The Resistance 22/2/2022
The euro’s attempts to stabilize above the key supply area published throughout last week’s reports at 1.1380, which represents the key to the bearish trend, pushed the pair towards the target 1.1300, recording its lowest level during the morning trading at 1.1295. Technically, by looking at the 4-hour chart, we …
Read More »How Could Looming Ukraine’s Conflict Impact Global Economy
Countries that depend on the region’s rich supply of energy, wheat, nickel and other staples could feel the pain of price spikes.After getting battered by the pandemic, supply chain bottlenecks and price jumps, the global economy is expected to be sent on one more unpredictable course by an armed clash …
Read More »Bitcoin’s censorship challengers enter the spotlight
Amid the bombardment of last week’s regulatory news, from rumors of Joe Biden’s upcoming executive order on digital assets to another round of the Russian government’s crypto tug of war, as well as the perceived social effects of crypto has been the one around the Canadian government’s standoff with the …
Read More »Market Drivers – US Session – 21 Feb. 2022
Latest news says Russia has right to deploy military bases in eastern Ukraine under new agreement with separatist leaders.The news escalates the fears of a military invasion by Russia and weigh on the risk appetite, which in turn drag Antipodeans and propel the rush to risk-safety.Economic DataUS markets are still …
Read More »Bowman: Fed open-minded on half percentage point hike in March
Federal Reserve Governor Michelle Bowman said on Monday that she will assess incoming economic data over the next three weeks in deciding whether a half percentage point interest rate rise at the central bank’s next meeting in March is needed, a stance that underscores divisions among policymakers on how aggressively …
Read More »US Dollar Still Winner As Russia Breaks Up Diplomatic Talks,
Risk aversion took over financial markets at the beginning of the week amid escalating geopolitical tensions in Eastern Europe. The US dollar managed to advance against its high-yielding rivals but lost ground against safe-haven ones. Mid US-afternoon, Russian President Vladimir Putin recognized Donetsk and Luhansk in Eastern Ukraine as independent …
Read More »Noor Capita | Dubai TV Mohammed Hashad’s Interview, 21 February 2022
Dubai TV screen hosted Mohammed Hashad, Director of Research and Development Department at Noor Capital and member of the US Association of Technical Analysts, to comment on investors’ being more cautious, watchful, and anticipating in the crude oil market, particularly in light of the current developments in Ukraine and the …
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