Gold prices rose on Friday as the rise of the dollar and US Treasury bond yields halted, but it is on track to record a monthly and quarterly decline under pressure from growing expectations that the US Central Bank will keep interest rates high for a longer period. Spot gold …
Read More »Dollar pulls back from 10-month peak, providing support to yen
The dollar retreated from a 10-month high against a basket of currencies on Friday on the last trading day of the third quarter of the year, giving the yen a chance to breathe amid fears of Japanese government intervention in the exchange market. The euro continued its recovery, moving away …
Read More »Oil is heading for a 2% weekly gain, supported by demand during the Chinese holiday
Oil prices are heading to record a weekly gain of about two percent after achieving some increase on Friday, as the impact of strong demand during a holiday in China and continued scarcity in the United States overshadowed expectations of possible increases in supplies from Saudi Arabia. Brent crude futures …
Read More »The Nikkei index records its worst quarterly performance in a year
The Japanese Nikkei index ended the last trading session of a turbulent week with a slight decline on Friday, and oscillated between rise and fall during the session, thus recording the worst quarterly performance since mid-2022. The selling of shipping company shares after the right to distribute cash dividends expired, …
Read More »Japan’s unemployment rate stabilizes at 2.7% in August
Government data showed on Friday that Japan’s unemployment rate held steady at 2.7 percent in August compared with the previous month. The seasonally adjusted unemployment rate compares with the average forecast of 2.6 percent by economists in a Reuters poll.
Read More »Nasdaq is trying positively 29/9/2023
Oil, Crude, trading
Read More »Dow Jones is trying to recover temporarily 29/9/2023
Oil, Crude, trading
Read More »CAD presses support 29/9/2023
The Canadian dollar found strong resistance around the psychological barrier of 1.3500, which began to put negative pressure on the pair and is currently trading near the strong support level of 1.3470. From a technical analysis standpoint, the pair is hovering around the 1.3470 support level and is starting to …
Read More »USD/JPY is trying to consolidate 29/9/2023
japanese-yen
Read More »GBP: between correction and trend 29/9/2023
Oil, Crude, trading
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