European stocks fell on Thursday, tracking Wall Street, which suffered losses overnight, after the Federal Reserve signaled a longer rate hike and ahead of further interest rate decisions from the Swiss National Bank, the Riksbank, the Norwegian central bank and the Bank of England. The European STOXX 600 index fell …
Read More »The Nikkei closed lower on hawkish Fed outlook
Japan’s Nikkei index closed down more than 1 percent on Thursday, as heavyweight technology stocks tracked their American counterparts after the Federal Reserve showed a tendency to tighten monetary policy and expected to raise interest rates again by the end of the year. The Nikkei index fell 1.37 percent to …
Read More »Dollar rises and the yen is under pressure ahead of the Japanese central bank’s interest rate decision
The dollar recorded new highs against some currencies on Thursday, as it remained near its highest levels against the yen since early November, after the US Federal Reserve showed a tendency to tighten after keeping interest rates unchanged. The dollar index, which measures the currency’s performance against a basket of …
Read More »The Bank of England’s rate hike decision is uncertain due to cooling inflation
When will the Bank of England announce its interest rate decision, and what potential impact could it have on GBP/USD? The Bank of England is widely anticipated to increase the Bank Rate, its benchmark interest rate, by 25 basis points (bps), moving it from 5.25% to 5.50%, with the announcement …
Read More »Nasdaq is seeing big losses 21/9/2023
Oil, Crude, trading
Read More »Dow Jones hits resistance 21/9/2023
Oil, Crude, trading
Read More »CAD needs more determination to continue rising 21/9/2023
Positive movements have regained control of the Canadian dollar, as we expected an upward rebound during the previous trading session, approaching by a few points to the first official target of 1.3510, only to post its highest level of 1.3501. Technically, we are leaning towards positivity in our trading, but …
Read More »USD/JPY continues the upward push and confirms the breakthrough 21/9/2023
japanese-yen
Read More »GBP suffers huge losses, all eyes on BoE 21/9/2023
Oil, Crude, trading
Read More »Oil may complete the downward correction 21/9/2023
Negative trades dominated the prices of US crude oil futures contracts during the previous trading session within a bearish context, gradually approaching the first target to be achieved at the price of 88.55, only to record its lowest level at $88.90 per barrel. Technically, with a closer look at the …
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