The dollar rose today, Friday, against a basket of currencies in early trade in London, reversing its downward trend when US Treasury Secretary Stephen Mnuchin called for an end to some emergency lending by the Federal Reserve (US Central Bank). Mnuchin’s move reallocates about $ 455 billion directed to the …

European stocks rose on Friday, as gains in the retail and oil sectors erased concerns about the political situation in the United States and an impasse over new stimulus measures to support the global economy, which has been ravaged by the pandemic. The pan-European STOXX 600 index rose 0.2% and …

The Turkish consumer confidence index fell 2.2% to 80.1 points in November from 81.9 the previous month, indicating a state of caution after a brief improvement in light of the worsening outbreak of the Coronavirus, according to data from the Turkish Statistical Institute. The pandemic control measures brought the economy …

Gold prices are heading today, Friday, to record a decline for the second week in a row, as the attractiveness of the yellow metal is under pressure from promising tests for a Covid-19 vaccine and news that the US Treasury is ending emergency loan programs. Gold fell in immediate transactions …

President of Petroleum Association of Japan, Tsutomu Sugimori expected Friday that OPEC and its allies, the group known as OPEC+, will likely delay a plan to increase production in January and stick to existing cuts of 7.7 million barrels per day. He also said that demand in Japan for gasoline …

Japanese shares fell on Friday for the third straight session, as a rise in new cases with the Coronavirus inside the country to record levels fueled fears that officials will introduce new restrictions on business activities. The Nikkei index fell 0.42% to close at 25,527.37 points. The broader TOPIX index …

The technical outlook remains unchanged, as the German DAX maintains positive side. Technically speaking, the index managed to build a base on support floor of 13035/13030, which was accompanied by the positive motive of the 50-day moving average. It encourages us to maintain our positive view, as long as the …

The current moves in the Dow Jones Industrial Average are witnessing a slight bearish bias, as a result of a collision with the resistance level 29480, and consolidate around the low of 29225. Technically, today, we are biased negatively in our intraday trading, depending on the negative signs coming from …

The pound returned to dominate the movements of the British Pound against its US counterpart, after finding solid support floor near 137.00. Technically, the current moves are witnessing an intraday stability above the breached resistance level of 137.60, and we find that the stochastic indicator started to provide signs that …

The Canadian dollar failed to confirm the breach of the resistance level of 1.3120, and the current moves are witnessing stability below the aforementioned level, stabilizing around its lowest level during the early trading at 1.3160. From the angle of technical analysis today, with the stochastic gradually losing the bullish …