Oil, Crude, trading
Read More »Crude Oil: May Face Negative Scenario
Oil, Crude, trading
Read More »Gold Faces Strong Resistance
Gold prices failed to breach the resistance level of 1872, which we mentioned during the last analysis that it represents one of the directional keys to witness the current movements of gold, a slight downward slope that is stable below 1872. On the technical side today, negative signs started appearing …
Read More »Euro Waits For The Pending Orders
We committed to the intraday neutrality during the previous analysis due to the contradictory technical signals, to find the Euro is still trying positively within a weak bullish slope attacking the resistance level at 1.2175. Technically, and by looking at the 4-hour interval chart, we find the simple moving averages …
Read More »ECB Press Conference: Lagarde’s Remarks Highlights
The European Central Bank (ECB) decided to leave key rates and the size of its Pandemic Emergency Purchase Programme (PEPP) at the end of its monetary policy meeting held this Thursday. Highlights Quotes“Pandemic poses serious risks; vaccination important milestone.”“New surge in infections, restrictions are disrupting.”“Services severely curbed.”“Economy likely contracted in Q4; …
Read More »ECB Press Conference: Lagarde Speech Live Stream – January 21
ECB Leaves Key Rates Unchanged
the Governing Council of the European Central Bank (ECB) decided to leave the interest rates on its main refinancing operations and the interest rates on the marginal lending facility and the deposit facility unchanged at 0.00%, 0.25% and -0.50%, respectively. The European Central Bank boosted its massive stimulus program in …
Read More »Japan’s Exports Record The First Annual Increase in Two Years
Government data revealed that Japanese exports rose for the first time in two years in December, driven by shipments to China, providing a glimmer of hope for policymakers who are counting on an export-led recovery amid an increase in coronavirus cases. A recovery in exports may ease the risk of …
Read More »Bitcoin Down 10%, Continues to Descend from Record Heights
Bitcoin fell 10% Thursday, January 21, to a 10-day low at 31,977 dollars, as the most popular digital currencies in the world continued to decline from a peak of 42 thousand dollars reached on January 8. The decline came amid growing fears that Bitcoin was one of a group of …
Read More »The European Central Bank Unchanged, But Will Express Concern
Financial markets await today’s ECB decision on interest rates alongside other monetary policy issues. Markets expect the ECB to remain unchanged. The European Central Bank will leave interest rates and the asset purchase program unchanged but is expected to speak of a strong recovery after the Corona pandemic while expressing …
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