The Euro/Dollar pair experienced predominantly negative trading dynamics in the previous session, influenced notably by the decisions of the European Central Bank, marking its lowest point at 1.0820. In terms of technical analysis today, a detailed examination of the 4-hour timeframe chart reveals the pair’s intraday trading stability below the …

The European Central Bank (ECB) announced on Thursday that it has decided to maintain key interest rates unchanged following its January policy meeting. The interest rate on the main refinancing operations will stay at 4.50%, the interest rate on the marginal lending facility at 4.75%, and the deposit facility rate …

In its initial meeting of 2024, the Turkish Central Bank opted to further raise interest rates by 250 basis points, bringing the new rate to 45%, aligning with market expectations. The decision, announced on Thursday, January 25, reflects the ongoing effort to curb inflation and stabilize the Turkish economy. The …

The dollar was broadly stable near a six-week high on Thursday, as traders awaited US GDP data and other data this week for clues about where interest rates might be heading. At the same time, the euro saw some decline ahead of the European Central Bank’s monetary policy meeting later …

Gold prices maintained their position near a one-week low on Thursday, as they grappled with the influence of a resilient dollar and escalating bond yields. The market’s focus was primarily directed towards the impending release of US GDP data and the outcome of the European Central Bank’s (ECB) monetary policy …

Oil prices experienced an upward surge on Thursday, driven by a combination of factors contributing to market optimism. Data revealing a substantial drop in US crude inventories, coupled with the Chinese central bank’s decision to reduce the reserve requirement ratio for banks, generated positive sentiment and heightened hopes for continued …

The Canadian dollar displayed notable gains in the wake of the Central Bank of Canada’s decision, defying the previously anticipated negative outlook that was contingent on maintaining stability below the psychological resistance barrier of 1.3500. From a technical analysis perspective today, intraday movements of the pair are holding steady above …

japanese-yen

Oil, Crude, trading

US crude oil futures prices have surged as anticipated, reaching the designated target in the previous trading session at $75.20 and coming within a few points of the subsequent target at $76.00. The recorded peak stands at $75.80 per barrel. From a technical perspective, oil prices are holding steady above …