Gold prices appear to be heading on Friday, September 1, to achieve gains for the second week in a row, supported by declining chances of raising US interest rates this year after a week full of data, at the end of which an important jobs report is issued. Gold settled …
Read More »Dollar is preparing for a weekly loss ahead of an important report on US jobs
The dollar is set to end a six-week winning streak against major currencies on Friday, with the approaching release of an important monthly report on jobs in the United States that is likely to determine the course of the Federal Reserve’s policy in the coming months. The dollar fell to …
Read More »European stocks stabilized
European stocks stabilized on Friday, with the support provided by energy and mining companies offsetting the impact of pressures from the weak performance of German copper producer Aurobis after a profit warning, and Volkswagen after a downgrade in the stock’s recommendation. By 0711 GMT, the European STOXX 600 index settled …
Read More »Japanese TOPIX closes at a 33-year high with buying support to seize deals
The Japanese Topix index ended trading on Friday at the highest level in 33 years, as it achieved significant gains as investors sought to seize profitable deals and acquire undervalued shares, while the gains were led by Sony Group shares and financial sector shares. Topix rose 0.76 percent to 2,349.75 …
Read More »Nasdaq maintains positive stability 1/9/2023
Oil, Crude, trading
Read More »Dow Jones declines ahead of US jobs data 1/9/2023
Oil, Crude, trading
Read More »CAD continues the decline 1/9/2023
The Canadian dollar achieved the first bearish target required to be touched during the previous technical report at 1.500, recording its lowest level at 1.3490. Technically, by looking at the 4-hour chart, we find the simple moving averages continuing to exert negative pressure on the pair, in addition to trading …
Read More »USD/JPY: continues the corrective decline 1/9/2023
japanese-yen
Read More »GBP needs a stronger signal 1/9/2023
Oil, Crude, trading
Read More »Oil seeks additional gains 1/9/2023
US crude oil witnessed a strong rise in futures prices within a positive outlook, as we expected, touching the official target of the previous technical report at 83.20, recording its highest level during early trading of the current session, $83.80 per barrel. Technically, we find the price stable momentarily above …
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