The Bank of England’s (BoE) Monetary Policy Committee (MPC) decided to leave the benchmark interest rate unchanged at 0.10% at its January policy meeting and kept the Asset Purchase Facility steady at £895 billion.

The cryptocurrency, Dogecoin, rose by more than 50% after US billionaire Elon Musk showed his support on Twitter, two days after announcing that he would be away from the social networking site for “a while.” Dogecoin jumped to $0.05,798, according to data on the blockchain and cryptocurrency site CoinDesk. Tesla …

Retail Sales in the euro area rose by 2% on a monthly basis in December, the data published by the Eurostat showed on Thursday. This reading followed November’s contraction of 5.7% and came in better than the market expectation of 1.6%. On a yearly basis, Retail Sales increased by 0.6% …

The dollar rose to its highest in more than two months against the euro and the yen on Thursday (February 4th), as pessimism about the outlook for the US economy subsided before the publication of important data on the jobs market. The pound fell against the dollar, but it is …

Gold and silver prices fell on Thursday, February 4th, as the dollar’s rally negatively affected their attractiveness, while investors awaited the approval of a massive stimulus package in the United States and the Bank of England’s policy expectations. Gold fell in immediate transactions 0.6% to 1822.81 dollars an ounce. US …

Japanese shares ended a three-day winning streak on Thursday, February 4th, pressured by declines in shares of chip-related companies, but higher Sony shares limited some of the losses. Sony shares rose 9.54%, reaching their highest levels since September 2000, and was among the biggest gainers on the Nikkei index after …

Bitcoin succeeded in achieving the positive outlook, as we expected, surpassing the target required to be achieved at 37810, recording its highest price of 38,346. Today, trading remains above the support level of 37,210 accompanied by the positive motivation of the 50-day moving average. It increases the probability of continuing …

The current movements of the German DAX index are witnessing a bullish tendency after finding a good support floor near 13,800. On the technical side today, and with the index continuing to get a positive stimulus from the 50-day moving average, in addition to the positive signs coming from the …

The Dow Jones Industrial Average traded positively on Wall Street during the previous trading session, recording its high at 30,710. On the technical side, today we find the index succeeded in building a base on support floor 30,410 and the most important 30,380, and we find the RSI indicator providing …

Negative trading is dominating the movements of the pound sterling against its Japanese counterpart within the expected bearish path, approaching a few points difference from the published target of 142.80, recording the lowest price of 142.95. On the technical side, the pair started its daily trading by pressing the support …