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For the second day in a row, the Turkish lira is trying to rise against the US dollar, after Turkey announced the discovery of a natural gas field. Natural gas discoveries raise the Turkish lira because they contribute to creating a balance in the balance of payments and reduce imports. …

The European Central Bank is expected to leave its PEPP unchanged at a total of EUR1.85 trillion. The ECB releases its decision at 11:45 GMT while ECB President Christine Lagarde begins her press conference at 12:30 GMT. Danske Bank “The ECB meeting will focus on the financing conditions, PEPP implementation …

The European Central Bank will announce its decision at 11:45 GMT, and if it does not cut back on purchases, the Euro may fall. The press conference begins at 12:30 GMT, on the other hand, the US will release CPI data and unsurprising inflation numbers may lead to a rebound …

According to the economists surveyed by Bloomberg, the European Central Bank (ECB) is expected to maintain the current pace of the bond-buying programme while upgrading the outlook for growth and inflation.

European shares fell Thursday, June 10 as energy and auto stocks fell, as investors focused on the European Central Bank meeting later in the day. The European Stoxx600 index was down 0.1%, ending a four-day winning streak. Eurozone shares fell 0.2% ahead of the European Central Bank’s policy decision and …

Brent crude futures fell 36 cents, or 0.5%, to $71.86 a barrel, while US oil futures fell 35 cents, or 0.5%, to $69.61 a barrel. The US Energy Information Administration said on Wednesday that US crude oil stocks, which include strategic petroleum reserves, fell for the eleventh consecutive week as …

Mixed trading dominated the movements of the German DAX index to retest the strong support level of 15,500. On the technical side, we tend in our intraday trading to be positive, but with caution, relying on the continued attempts of the RSI to obtain bullish momentum, in addition to stabilizing …

The current movements of the Dow Jones Industrial Average are witnessing a slight bearish tendency, as a result of hitting the resistance level of 34,640. On the technical side today, and with careful consideration on the short time frames, we find that the RSI tends to the negative, in addition …

The pound sterling declined against the Japanese yen significantly with the beginning of the morning trading of the current session, reaching as low as 154.55. On the technical side, today we are inclined to the negativity based on the negativity of the stochastic indicator, which comes in conjunction with the …

The Canadian dollar was able to build on the strong support floor mentioned during the technical reports issued over the past week at 1.2060, in addition to establishing a solid support floor around 1.2000, heading to touch the bullish corrective slope target 1.2130. Technically, the pair continues to obtain positive …