japanese-yen
Read More »GBP outperforms USD 15/12/2023
Oil, Crude, trading
Read More »Oil repeats bullish opportunities 15/12/2023
Mixed and predominantly negative trades characterized the movements of US crude oil futures, reaching a low of $67.74 per barrel, with current intraday stability around $69.50. From a technical perspective, the simple moving averages continue to exert downward pressure on the price from above. A closer look at the 4-hour …
Read More »Gold trying to maintain positive stability 15/12/2023
Gold prices experienced a positive trading session as they sought to consolidate around the crucial support floor established in 2024, reaching a pinnacle at $2047 per ounce. In today’s technical analysis, a detailed examination of the 4-hour time frame chart reveals that the price remains steadfastly above the 2024 level, …
Read More »Euro touches the desired target 15/12/2023
The euro displayed a favorable trading session against the US dollar, aligning with the anticipated upward trajectory and reaching the specified target of 1.1000, marking its peak at 1.1009 according to the latest technical report. Upon a meticulous examination of the 4-hour time frame chart in today’s technical analysis, it …
Read More »US Retail Sales rise in November
In November, retail sales in the United States increased by 0.3% on a monthly basis, reaching $705.7 billion, according to data released by the US Census Bureau on Thursday. This figure marked an improvement from the revised 0.2% decline (previously reported as -0.1%) in October and surpassed market expectations, which …
Read More »BoE leaves interest rate unchanged
The Bank of England (BoE) announced on Thursday that it has decided to leave the policy rate unchanged at 5.25%, in line with market expectations. Policymakers voted 6-3 in favor of the decision, with three members of the Monetary Policy Committee (MPC) – Megan Greene, Jonathan Haskel, and Catherine Mann …
Read More »OPEC: “exaggerated” concerns about oil demand are the reason for the decline in prices
The International Energy Agency on Thursday raised its forecast for global oil demand growth next year, despite an expected economic slowdown, citing improving prospects for the United States and declining oil prices. Although the agency, which represents the industrialized countries, raised expectations, there remained a large gap between them and …
Read More »Japan’s Nikkei declines following Fed decision
The Japanese Nikkei stock index concluded a three-day winning streak on Thursday, December 14, with declines in auto and bank stocks following the US Federal Reserve’s signal of an end to the monetary policy tightening cycle. The US Federal Reserve’s decision strengthened the yen and led to a significant drop …
Read More »European stocks rise supported by the Federal Reserve’s tendency to ease
European stocks jumped on Thursday, supported by gains in real estate sector stocks and a decline in euro zone bond yields, as investors were optimistic about the US Federal Reserve’s hint to reduce borrowing costs in 2024 and awaited the European Central Bank’s decision. The European Stoxx 600 index rose …
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