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The British pound retreated against the US dollar during the previous session within the expected bearish path, touching the second official target required at 1.3325, recording a low of 1.3225. On the technical side today, the price has stabilized below the previously breached support level, which is now converted into …

Oil, Crude, trading

Gold prices achieved a remarkable rise during the previous trading session after finding a solid support floor near 1828. It is noticed that we indicated in the last analysis that stability above 1848 leads gold to complete the bullish correction with the aim of retesting the previously broken support-into-resistance 1857/1860 …

Negative trading dominated the moves of the euro against the US dollar yesterday within retesting the support published in the previous analysis, touching the first required target at 1.2100 and approaching a few points difference at the second target 1.2065, to record its lowest level during the previous session 1.2077. …

The British government and the European Union (EU) are holding what could be the latest round of talks to reach a trade agreement for the post-Brexit stage. Significant differences reportedly still remain, CNBC reported citing sources in the United Kingdom (UK). Disagreements are mainly within three issues, namely: fisheries, competition …

The G7 Group is calling for regulating digital currencies, according to a statement by the U.S. Department of the Treasury on Monday, Reuters reported. This comes following a virtual meeting that gathered finance ministers and central bank governors from the group. The German Ministry of Finance issued another statement after …

Oil prices closed lower on Monday, beginning the week with a negative performance, amid concerns about the rising number of Coronavirus cases in many countries. Lockdowns and the fear of more preventive measures are prompting concerns about the recovery of the demand for energy worldwide. Brent crude futures for February …

The British Pound (GBP) is showing a negative performance on Monday, however, it was able to cut its losses in half showing some recovery signs amid anticipation for what could be the latest round of trade talks between the United Kingdom (UK) and the European Union (EU) about the post-Brexit …

Gold prices rose on Monday, opening the week with a positive performance as the US Dollar (USD) declined near its lowest level since 2018. The rise of the yellow metal also comes amid renewed hopes for a new government stimulus package in the United States. Gold futures for February delivery …

European stocks opened the week with a negative performance, amid anticipation for the outcome of the Brexit trade talks. The STOXX Europe 600 index finished lower by 0.3%. Meanwhile, the UK’s FTSE100 rose marginally by 0.08%. The French index CAC40 leveled down by 0.64%, while the German index closed lower …