The prices of US crude oil futures contracts incurred significant losses during the previous trading session, within the downward track, as we expected in the last report, touching the required target at 75.20, recording its lowest level at $73.44 per barrel. Technically, looking at the 240-minute chart, with regular movement …

The support levels published during the previous technical report, at 1764, were able to limit the bearish slope that occurred with the first trading sessions of this week and forced gold prices to rebound, limitedly to retest 1780 during the previous trading session. Technically, with a closer look at the …

The pair was trading in a narrow range, and the EUR/USD pair did not show any significant change and was stable from above or below the resistance level of 1.0510 and below the support level of 1.0460. Technically, and with careful consideration, we notice the continuation of the conflicting technical …

Going into the last BoC meeting short-term interest rate markets were split between a 50 and 75 bps rate hike. In the end, the BoC hiked by only 50bps and flagged some concerns about slowing growth which weighed on the CAD in the immediate aftermath. The Bank of Canada flagged …

Gold prices rose on Tuesday, after falling 1 percent in the previous session, as the US dollar fell. Still, investors are waiting for more indications regarding interest rate expectations by the Federal Reserve. And by 1133 GMT, gold in instant transactions increased 0.4 percent to $ 1776.15 an ounce. US …

The German Factory Orders surprised markets to the upside in October, suggesting that the manufacturing sector activity is staging a modest recovery. Contracts for goods ‘Made in Germany’ jumped 0.8% on the month vs. -0.2% expected and -4.0% last, the latest data published by the Federal Statistics Office showed on …

The US dollar index held firm on Tuesday, posting its biggest gain in two weeks, after strong US service sector data fueled expectations that the Federal Reserve would raise interest rates more than recently expected. The Australian dollar rose from near a one-week low after the Reserve Bank of Australia …

European stocks fell on Tuesday, December 6, under pressure from the banking and energy sectors, as strong data on the services sector activity in the United States raised fears that the US Federal Reserve will continue to raise interest rates at large rates. The Stoxx 600 fell by 0.1%, extending …

There was little change in gold prices on Tuesday, as the dollar stabilized after recording its largest jump in two weeks in the previous session, while fears of a larger US rate hike by the Federal Reserve persisted. And by 0553 GMT, gold settled in spot transactions at $ 1769.99 …

Japanese stocks ended slightly higher on Tuesday, supported by gains in chip-related stocks as well as exporters, which rose on the back of the yen’s decline against the dollar. The Nikkei index increased 0.24 percent, closing at 27,885.87, while the Topix index rose 0.12 percent, closing at 1950.22. The dollar …