Gold prices returned on Wednesday, heading towards the lowest level in seven months, in light of the rise in the dollar and Treasury bond yields after strong US jobs data, which maintained expectations of further monetary tightening, while palladium fell to its lowest level since late 2018. Spot gold prices …

European stocks were affected for the third day in a row on Wednesday by the significant effects on US and European stock returns in general due to the presence of a large number of investors for the idea and thus the severe negative impact of the small run out. The …

On Wednesday, the Japanese yen fell slightly against the dollar after its unexpected rise in the previous session, which raised speculation that the Japanese authorities intervened to support the currency. The Japanese currency fell slightly to 149.12 to the dollar in early Asian trading, after jumping about two percent during …

Oil prices fell on Wednesday ahead of a meeting of a committee of OPEC+ ministers as the market balanced expectations of supply shortages with fears that higher interest rates would reduce demand for oil. Brent crude futures fell six cents to $90.86 a barrel by 0345 GMT, while US West …

Oil, Crude, trading

Oil, Crude, trading

A gradual rise for the Canadian dollar within the expected positive outlook during the previous technical report, approaching a few points from the published target of 1.3750, recording its highest level of 1.3737. Technically, and with a closer look at the 4-hour time frame chart, we find that the pair …

japanese-yen

Oil, Crude, trading

Mixed trading dominated the prices of US crude oil futures contracts to temporarily reverse the expected downward trend, indicating that the attempt to stabilize trading above 89.40 is leading oil prices to retest 90.40, recording its highest level of $89.23 per barrel. Technically, oil prices failed to maintain their trading …