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The dollar settled in early European trade on Wednesday, after an improvement in risk appetite around the world pushed up risky currencies and sent the yen to a four-year low against the dollar overnight. Most of the European stock indices rose, and the yield on US Treasury bonds for ten …

Bundesbank President Jens Weidmann, a relentless critic of the European Central Bank’s ultra-easy monetary policy, will step down from his post on Dec. 31, with more than five years left on his term, the German central bank said on Wednesday. Commenting on Bundesbank President Jens Weidmann’s decision to resign at …

European shares fell on Wednesday, as weak earnings from French luxury goods company Kering and Dutch semiconductor ASML outweighed strong results from Nestle and other companies. The pan-European Stoxx 600 index was down 0.1 percent, although Asian shares rose, supported by a strong Wall Street close on Tuesday. And Kering’s …

Oil prices fell on Wednesday (October 20th) after the Chinese government intensified its efforts to curb the record rise in coal prices and operate coal mines at full capacity to ease the energy shortage crisis. Prices of Chinese coal and other commodities fell in early trading, which in turn led …

Japanese stocks rose on Wednesday, October 20, buoyed by a strong close on Wall Street, but gave up most of the gains as investors grew cautious about weak US futures contracts and higher yields on Treasuries. The Nikkei index increased by 0.14% to close at 29,255.55 points, after rising by …

Markets were quiet during the Asian session on Wednesday. Asian stocks rose after positive signs from overnight gains on Wall Street as traders cheered higher US corporate earnings. Japanese stocks rose on Wednesday, buoyed by a strong close on Wall Street, but gave up most of the gains as investors …

Positive attempts witnessed the movements of the German DAX index, recording its highest level at 15,510. Today’s technical aspect indicates the possibility of a bullish bias in the coming hours, depending on the stability of the intraday trading above the support level of 15,450 and in general above 15,400, in …

Oil, Crude, trading

The British pound continued to rise against its Japanese counterpart, within the positive outlook, as we expected, touching the target of 158.20, posting a high of 158.20. Today’s technical aspect indicates the possibility of continuing the rise due to building on 157.30 support floor, accompanied by the positive motive for …

The Canadian dollar touched the official target mentioned in the previous analysis, at 1.2310, recording its lowest level in the last session’s trading at 1.2310. Technically, the pair tried to achieve some bullish rebound as a result of taking advantage of the published support 1.2310 to retest 1.2380; we notice …