Gold prices fell on Tuesday as the dollar and US Treasury yields rose ahead of economic data and a speech by Federal Reserve Chairman Jerome Powell this week, which could shift the direction of upcoming interest rate decisions. Spot gold prices fell 0.1 percent to $1,916.88 per ounce by 0703 …
Read More »USD is locked in a narrow range
The dollar moved in a narrow range on Tuesday as investors evaluated developments in the Middle East and awaited a set of speeches by US central bank officials this week, most notably the speech of Federal Reserve Chairman Jerome Powell, seeking indicators about monetary policy expectations. The yen stabilized near …
Read More »European stocks open lower with Ericsson and mining stocks falling
European stocks fell in early trading on Tuesday, affected by a decline in Ericsson shares after disappointing quarterly results and a decline in shares of mining companies as investors monitored the risks resulting from the escalation of the conflict in the Middle East. The European STOXX 600 index fell 0.1 …
Read More »Oil declines amid hopes for easing US sanctions on Venezuela
Oil prices fell slightly on Tuesday after falling by more than a dollar on Monday amid hopes that the United States will ease sanctions on oil producer Venezuela and as Washington intensifies its efforts to prevent an escalation of the war between Israel and Hamas. By 0333 GMT, Brent crude …
Read More »Nasdaq is waiting to break through resistance 17/10/2023
Oil, Crude, trading
Read More »Dow Jones needs a positive stimulus 17/10/2023
Oil, Crude, trading
Read More »CAD settled below resistance 17/10/2023
Negative trading dominated the movements of the Canadian dollar yesterday within the bearish context expected during the previous report, approaching by a few points from the desired target of 1.3590, recording its lowest level of 1.3605. Technically, we find the pair hovering around the 1.3660/1.3650 resistance level, unable to penetrate …
Read More »JPY maintains the same technical conditions 17/10/2023
japanese-yen
Read More »GBP retests resistance 17/10/2023
Oil, Crude, trading
Read More »Oil is trying positively 17/10/2023
Mixed trading without a clear direction dominated US crude oil futures prices at the opening of this week’s trading, finding a solid resistance level around 88.30, which forced it to retest 86.20. Technically, by looking at the 240-minute time frame chart, the 50-day simple moving average supports the possibility of …
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