The British Pound succeeded in achieving the positive outlook, as we expected, surpassing the second goal around 1.3380, reaching its highest level at 1.3397. On the technical side, the pair was subjected to strong negative pressure as a result of approaching the psychological barrier resistance of 1.3400, to witness the …
Read More »Crude Oil At Highest Level in Several Months
Oil, Crude, trading
Read More »Gold Touches First Leg
The yellow metal suffered strong losses during the last trading session within the expected bearish path, touching the first official leg of the current downward wave referred to over several reports in a row located at 1845, to extend its losses during the morning trading of the current session 1821. …
Read More »Euro Waiting For a Stronger Signal
the EUR / USD pair approached the first target to be achieved at 1.1920, its highest level during the previous session’s trading at 1.1906 and traded on a positive note. Technically, the pair found a solid support ground around the psychological barrier of 1.1800 and ended above the aforementioned level, …
Read More »Ethereum Price Breaks $600
Ethereum is currently trading at $601 after finally breaking the psychological barrier at $600 for the first time in two years.
Read More »US: Chicago Fed National Activity Index Improves to 0.83 in October
The Federal Reserve Bank of Chicago’s National Activity Index (CFNAI) rose from 0.32 (revised from 0.27) in September to 0.83 in October. Fifty-four indicators improved from September to October, 30 indicators deteriorated, and one was unchanged. Of the indicators that improved, eight made negative contributions
Read More »All UK Adults Could Have COVID-19 Vaccine by Springtime
Professor Adrian Hill, Director of the Jenner Institute, told Reuters on Monday that all UK adults could have a COVID vaccine by springtime after Oxford/AstraZeneca’s vaccine candidate showed the effectiveness of up to 90%. “Oxford vaccine trial results leave Britain on track to start roll-out in December. We will likely …
Read More »Germany Intends to Extend General Isolation by One Month to Contain The Second Wave of Corona
On Sunday, November 22, two senior German officials said in remarks that the country will have to extend its current measures to contain the coronavirus pandemic to last in December. Germany imposed “general isolation measures” for a month, starting from November 2, to contain a second wave of the virus …
Read More »Barclays Bank Keeps Its Forecast For Oil Price in 2021
Barclays Bank maintained its oil price forecast for 2021 and expected Brent crude to reach $ 53 a barrel due to OPEC and its allies controlling production and based on the promotion of a potential Covid-19 vaccine demand in the second half of the year. In the short term, the …
Read More »AstraZeneca Will Have 200 Million Doses of COVID-19 Vaccine by The End of The Year
Pam Cheng, chief operating officer at AstraZeneca, said that the company will have 200 million doses of its candidate vaccine, which it developed in cooperation with the University of Oxford, by the end of 2020, and that 700 million doses will be ready worldwide by the end of Q1 of …
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