Gold prices rose on Tuesday, with the dollar falling near its lowest level in more than a year, while traders await retail sales data in the United States to see its impact on the monetary policy of the Federal Reserve. Spot gold rose 0.3% to $1,959.54 an ounce by 0359 …
Read More »Dollar near the lowest level in a year and the euro hit a 17-month peak
The dollar index faltered near its lowest level in more than a year on Tuesday as investors await fresh catalysts to see if the dollar will continue to fall in the wake of last week’s softer-than-expected inflation report. The dollar index, which measures the performance of the US currency against …
Read More »Nasdaq maintains positive stability 18/7/2023
Oil, Crude, trading
Read More »Dow Jones starts positive 18/7/2023
Oil, Crude, trading
Read More »CAD is stable below resistance 18/7/2023
Negative movements regained control over the Canadian dollar after it failed to stabilize over the psychological barrier of 1.3200, to start its weekly movements with a bearish bias. Technically, and with a closer look at the 240-minute chart, we find that the pair is stable below the support level of …
Read More »GBP extends its gains against USD 18/7/2023
Oil, Crude, trading
Read More »Oil is trying to build on support 18/7/2023
Mixed trading dominated the movements of the US crude oil futures contracts yesterday, moving in both upward and downward directions, recording the lowest level at 73.89 while the highest around $76.00 per barrel. Today’s technical outlook, and with a closer look at the 240-minute chart, we find that the price …
Read More »Gold retest the support 18/7/2023
Gold prices are witnessing a quiet upward rise within the bullish path published during the previous technical analysis, gradually approaching the 1970 target to record its current high during the morning trading of today’s session 1961. Technical View Today, gold prices achieved a typical re-test of the main support floor …
Read More »Euro beats USD 18/7/2023
The euro-dollar pair continues to achieve gains within the gradual rise, as we expected, and currently hovering near its highest level during the morning trading of today’s session, at 1.1255. On the technical side, the pair was able to build on the support of the psychological barrier 1.1200, accompanied by …
Read More »Dollar nears lowest level in 15 months amid policy speculations
The dollar fell on Monday against a basket of currencies after recording the largest weekly decline this year, as dealers await economic data and monetary policy decisions. The euro continued to rise, rising 0.15 percent, to hit a 16-month high of $1.12440. The dollar fell against the yen 0.27 percent …
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