Oil, Crude, trading

The Canadian dollar found a strong selling point around the required target to be touched yesterday at 1.3470, recording its highest level at 1.3470, to start a rapid decline to the downside, to retest the support level of 1.3380, to witness the intraday movements of the pair around the mentioned …

Oil, Crude, trading

US crude oil futures prices jumped to achieve noticeable gains within the expected upward path during the previous report, surpassing the required retest target of 76.60, recording a high of $77.55 per barrel. Technically, we continue to suggest the bullish daily direction, relying on the positive impulse coming from the …

Limited positive attempts by gold prices to compensate for their recent losses, as yesterday’s movements witnessed an upward variation affected by the speech of the Federal Reserve Chairman, explaining yesterday that we may witness fluctuation in prices at the time of the speech, to record its highest level of 1884 …

Negative trades dominated the pair’s movements within the negative technical outlook, as we expected during the previous technical report, heading towards the first target to be achieved at 1.0660, recording its lowest level at 1.0665. On the technical side, the pair tried to compensate for the losses during the Federal …

Of particular interest to stock investors, today is what Federal Reserve Chairman Jerome Powell has to say at an event organized by The Economic Club of Washington DC. But, most importantly, they want to know his thoughts on the latest Labor Department report, which showed US payrolls grew by more …

The United States international trade deficit in goods and services rose by $6.4 billion to $67.4 billion in December, the data published jointly by the US Census Bureau and the US Bureau of Economic Analysis revealed on Tuesday. This reading came in better than the market expectation for a deficit …

Public transport, schools and oil refineries were disrupted in France on Tuesday as trade unions led a third wave of a nationwide strike against President Emmanuel Macron’s plans to extend the working years for French people before retiring. Strike movements in many sectors and street protests on Tuesday come hours …

Halifax reports that after falling for the previous four months, UK home prices were roughly level in January. According to the lender, after significant drops of 1.3% in December and 2.4% in November, average prices were unchanged at £281,684 last month. The rate of annual growth in home prices, however, …