Oil, Crude, trading

Oil, Crude, trading

The yellow metal prices failed to surpass the level of the pivotal resistance published during the previous analysis, located at 1749, which forced gold to trade negatively again, to re-test the 1730 support level. On the technical side, trading remaining below the aforementioned resistance increases the possibility that we will …

Positive trading dominated the euro against the US dollar so that the pair could touch the official target station during the previous analysis at 1.1975, recording a high of 1.1987. Technically, we find the current moves are witnessing stability above the psychological barrier of 1.1900, and we find the 50-day …

The dollar settled near its lowest level in a month on Wednesday as strong demand in a US bond auction led to a broad drop in Treasury yields and curtailed the interest rate advantage that the greenback enjoyed against other major currencies. In early trading in London, the dollar rose …

The coin that has made the cryptocurrency market so hype thanks to the tweets of auto giant Tesla founder appears to have usually woken up. Like all other digital currencies that benefit from the upcoming offering of Coinbase today on the Nasdaq market, however, the matter was very interesting with …

The European Union (EU) Budget Commissioner Johannes Hahn unveiled on Wednesday, a strategy to raise up to EUR800 billion in debt for recovery fund, which is expected to be repaid by 2058. “EU to use a diversified funding strategy to raise as much as EUR800 billion until 2026.” “Borrowing to …

Eurozone’s Industrial Production in Germany showed a lesser-than-expected decrease in February, the official data published by Eurostat showed on Wednesday, suggesting that the recovery in the manufacturing sector is far from gaining traction. The industrial output in the bloc arrived at -1.0% MoM vs. a 1.1% drop expected and 0.8% …

The European Parliament gave the green light Tuesday (April 13th) to the two main committees to vote this week on a trade pact between the European Union and the United Kingdom, but postponed a decision on whether the full parliament will give its approval later this month. The European Parliament …

European stocks rose on Wednesday, as positive business results for German software company SAP and French luxury goods maker LVMH offset fears of a possible setback for the COVID-19 vaccination program on the continent. The European Stoxx600 index rose 0.1%, with shares of the technology and personal and household goods …