Quiet positive trades dominated the movements of EURUSD with the beginning of the first trading of the current week, to start attacking the resistance level 1.0050, building on the pivot above the parity point 1.0000. Technically, by carefully looking at the 4-hour chart, we find the 50-day simple moving average …

The International Energy Forum said on Monday, citing data from the Joint Organizations Data Initiative (JODI), that Saudi crude oil exports rose for the second month in a row to their highest level in more than two years. Saudi exports in July rose 2.5 percent to 7.38 million barrels per …

On Monday, the Ukrainian Ministry of Agriculture said that Ukraine’s grain exports fell 45.6 percent year on year in the 2022/23 season to 6.364 million tons. Ukraine’s grain exports have fallen since the start of the war because its ports on the Black Sea, a major shipping route, have been …

Oil prices fell more than 1% on Monday, weighed by expectations of sluggish global demand and a stronger dollar ahead of a possible significant interest rate hike. However, supply worries are limiting the price slide. The world’s central banks will almost certainly raise interest rates this week, and the Federal …

The dollar climbed to near 20-year highs against other major currencies on Monday, ahead of a slew of central bank meetings, including a meeting of the US Federal Reserve that is likely to approve another big interest rate hike. Exchanges were generally thin, with markets in London and Tokyo closed …

Gold fell on Monday under the weight of the dollar’s rally as investors braced for a significant rate hike expected from the US Federal Reserve and other central banks this week to bring down inflation. And gold fell in spot transactions 0.8 percent to $ 1661.65 an ounce at 0724 …

European shares rebounded at the open on Monday and technology shares led the decline amid expectations of a significant interest rate hike by the Federal Reserve (the US central bank) in the coming days. The pan-European STOXX 600 index fell 0.4 percent, hitting its lowest level in two months, while …

Oil, Crude, trading

The Canadian dollar succeeded in touching all the upside targets required last Friday at 1.3275, heading to visit the official price station at 1.3315, recording the highest level at 1.3307. Technically, we find the simple moving averages continue to hold the price from above and support the continuation of the …

Oil, Crude, trading