japanese-yen
Read More »GBP: Negative pressure remains 28/9/2023
Oil, Crude, trading
Read More »Oil steals the spotlight and achieves strong gains 28/9/2023
US crude oil futures prices jumped to achieve strong gains after ending the downward correction referred to in the technical report for this week, returning within a strong upward trend as we expected, exceeding the official target of 93.30, recording its highest level of $95.00 per barrel. Technically, by looking …
Read More »Gold continues to fall against USD 28/9/2023
A sharp decline in gold prices within the expected downward path, in which we relied on breaking 1913, with the price heading to achieve the official target required to be touched during the previous trading session at 1880, recording its lowest level at $1873 per ounce. Today’s technical aspect indicates …
Read More »Euro continues to suffer losses 28/9/2023
The euro continues to suffer losses against the US dollar within the expected downward trend during the previous technical report, touching the official target station at 1.0515, recording its lowest level at 1.0488. Technically, and with a closer look at the 240-minute time frame chart, we notice that the pair …
Read More »Increased payments for Russian imports in Chinese yuan under sanctions
Russian imports billed in Chinese yuan rose to 20 percent in 2022 from three percent a year ago, a banking study published on Wednesday showed, after its invasion of Ukraine triggered packages of sanctions that left the country unable to access the global financial system. According to a study by …
Read More »European stocks open slightly lower
European stocks opened slightly lower on Wednesday amid continuing concerns about economic growth in China and concerns about central banks keeping interest rates high for longer. The European STOXX 600 index fell 0.1 percent by 0705 GMT and is on track to continue its losses for a fifth session, while …
Read More »Oil rises as markets focus on tight supplies
Oil prices rose in early trading on Wednesday, as markets focused on tight supplies ahead of winter and a “soft landing” for the US economy. By 0015 GMT, Brent crude futures rose 33 cents, or 0.4 percent, to $94.29 per barrel, while US West Texas Intermediate crude futures rose 31 …
Read More »USD at a 10-month high as interest rates concerns persist
The dollar rose to its highest level in ten months against a basket of major currencies on Wednesday, sending the euro and sterling to the lowest level in six months and raising the possibility of intervention to support the yen, as expectations of US interest rates remaining high for a …
Read More »Nasdaq: Negative pressure continues 27/9/2023
Oil, Crude, trading
Read More »