Narrow sideways trading, but tilted to the negativity, dominated the Canadian dollar’s ​​moves against its US counterpart, to re-test the pivotal support level at 1.3500. Technically, and with a closer look at the 60-minute chart, we find the pair trying to consolidate above the aforementioned support floor and the RSI …

Oil, Crude, trading

Oil, Crude, trading

The yellow metal prices took advantage of the decline of the US dollar to settle above the psychological barrier of 1700, as part of positive attempts to target a re-test of 1735. On the technical side today, the stability of trading above the sub-support level 1721/1720 increases the possibility of …

Quiet, positive transactions dominated the moves of the euro against the US dollar, as part of the pair’s attempts to stabilize the pair above the 1.1780 resistance level. Technically, and with a closer look at the chart, the 60-minute chart, we find the euro is stable above the aforementioned level, …

In an interview with Dubai TV, Director of Research and Development at Noor Capital, Mohamed Hashad takes a closer look at the markets. US The US jobs report (NFP) came as a surprise, contrary to expectations, as the US economy added 916 thousand jobs compared to expectations of 652K, with …

The Italian Ministry of Health said that it recorded 326 deaths from the Coronavirus today, Sunday, compared to 376 yesterday, while the daily number of new infections decreased to 18 thousand and 25 from 21 thousand and 261. Italy has recorded 111 thousand and 30 deaths from the virus since …

Oil prices fell below $64 a barrel today, Monday, as the impact of rising supplies from OPEC+ and increasing Iranian production was overshadowed by signs of a strong economic recovery in the United States and broader expectations for a recovery in demand in 2021. The Organization of the Petroleum Exporting …

Turkey’s annual inflation rose to more than 16% in March for the first time since mid-2019, according to Monday’s data, which means pressure builds on new central bank governor Şahap Kavcıoğlu to maintain a hawkish policy after his surprise appointment. Consumer prices rose 16.19% year-on-year, higher than 16.11% in a …

The dollar index was little changed at 93.1 on Monday, swinging at levels not seen since November 2020 amid prospects for a strong economic recovery in the United States. Last week, the greenback added 0.3%, which is 3 consecutive weekly gains, driven by the selling of bonds, with buying activity …