U.K. unemployment climbed to its highest rate in almost five years in Q4 as the economic toll from the coronavirus pandemic continued to mount. The number of people looking for work rose 121,000 from Q3, taking the jobless rate to 5.1%, the most since early 2016, the Office for National …

According to Eurostat’s final reading of the Eurozone CPI report for January, the consumer prices came in at 0.9% YoY, meeting the expectation. While the core figures rose by 1.4% vs +1.4% last and +1.4% expected. On a monthly basis, the bloc’s CPI figure for December accelerated by 0.2% versus …

Cryptocurrencies witnessed sharp declines after record high as Bitcoin fell below $ 47,000 More to come…

Oil prices jumped by more than a dollar on Tuesday (February 23rd), as they received support from optimism about the distribution of anti-Covid-19 vaccines and a decrease in production as US supplies slowly return after freezing weather in Texas stopped crude production last week. Sources said that shale oil producers …

Gold rose to the peak of the week of Tuesday, February 23rd, supported by the weak dollar and declining US Treasury yields, while the appeal of the yellow metal was boosted by fears of further rising inflation. Spot gold rose 0.2% to $1812.06 an ounce, after hitting its highest level …

Bitcoin prices fell significantly due to its exposure to strong profit-taking, after a series of record gains approaching $60,000. Technically, we are biased towards negativity due to the obvious negativity of Stochastic, in addition to the negativity of the simple moving averages. We await confirmation of breaching 48,350 support, targeting …

The DAX index continues to maintain its positive side, trying to stabilize for the second session in a row above the support level of 13,810/13,800. Technically we tend to be positive on short intervals, but with caution. The RSI is stable above the 50 midline, which supports the bullish bias. …

The Dow Jones Industrial Average succeeded in achieving the negative outlook, as we expected during the last analysis, touching the target of 31,210, recording a low of 31,188. On the technical side today, and with a closer look at the 60-minute chart, we find the RSI continues to get negative …

Good rises were witnessed by the sterling pound against the Japanese yen, benefiting from building on the support floor of 147.50, as the current moves witness stability near the highest level during the morning session 147.90. On the technical side, today, we are positive in our trading, depending on the …

Quiet trading, which tends to be negative, dominates the movements of the US dollar against the Canadian dollar, as the pair begins negative pressure on the support level of 1.2590. Technically, with a closer look at the chart, there is negative pressure coming from the 50-day moving average and trading …