japanese-yen

Oil, Crude, trading

Mixed trading characterizes the movements of US crude oil futures in the initial trading sessions of the week. After reaching its lowest point at $72.27, the price rebounded to retest the $72.50 level. Technically, a negative bias is evident, supported by the initiation of negative crossover signals from the simple …

Gold prices experienced negative trading in line with the expected downward trajectory outlined in yesterday’s technical report, reaching the designated target at $2037 and marking a low at $2024 per ounce. Analyzing the 4-hour chart today reveals stability in trading below the support level of 2037, with gold still under …

The EUR/USD pair has conformed to the anticipated negative outlook outlined in the previous technical report, reaching the officially targeted level of 1.0865 and hitting a low at 1.0862. In terms of technical analysis today, examining the 240-minute time frame chart reveals continued pressure from the simple moving averages from …

Japan’s largest shipping company, Nippon Yusen (NYK Line), has announced the suspension of all its ships’ passage through the Red Sea. The decision comes in the wake of advice from the joint naval force “Guardian of Prosperity” to avoid the region following the recent US and British strikes against Houthi …

Oil prices experienced a slight uptick on Tuesday, driven by escalating conflict in the Middle East. Ship tracking data indicated an increased number of tankers diverting away from the Red Sea following attacks by Yemen’s Houthi movement in the region. Brent crude futures saw a rise of 12 cents, approximately …

Gold faced a marginal decline on Tuesday, influenced by a strengthening dollar and rising US Treasury bond yields. The precious metal saw a 0.2 percent decrease in spot transactions, settling at $2,050.35 per ounce, while US gold futures experienced a modest 0.1 percent increase, reaching $2,054.10. The rise in the …

The dollar gained ground on Tuesday as investors tempered their expectations of imminent interest rate cuts by the Federal Reserve, influenced by hawkish comments from European Central Bank officials. Meanwhile, concerns over potential attacks on ships in the Red Sea contributed to a reduced appetite for risk. Here’s a breakdown …

Oil, Crude, trading