On Wednesday, the dollar made up for some data losses and rebounded towards recent peaks, while the euro remained under pressure amid growing recession fears fueled by a potential energy supply crisis. The dollar took a breather after disappointing surveys of the US manufacturing and service sectors revealed on Tuesday, …

The sell-off in European shares continued on Wednesday, as investors worried about an energy crisis and bleak growth prospects, while hawkish comments from the US Federal Reserve on monetary policy further pressured sentiment. By 0716 GMT, the European Stoxx 600 index fell 0.2 percent, hovering near its lowest level in …

Gold prices fell on Wednesday, August 24, in the United States of America, after hawkish statements from an official in the Federal Council surrounding the investors kept investors. And gold fell in direct transactions 0.1% to $ 1746.18 an ounce, the time at 07:12 GMT, after rising 0.7% in the …

On Wednesday, Kuwait’s official news agency said, citing the oil minister, that the country had increased crude oil production to 2.811 million b/d in line with the OPEC+ agreement. The minister added that years of underinvestment have resulted in spare capacity being extremely limited globally and that Kuwait will continue …

Japan’s Nikkei index hit its lowest closing level in two weeks on Wednesday, tracking Wall Street’s decline overnight after weak data. Still, gains in energy shares thanks to higher oil prices limited the losses. The Nikkei index fell 0.49 percent to 28,313.47 points, its lowest closing level since August 10, …

Oil prices fell on Wednesday, after rising nearly 4 percent the previous day, due to easing fears that the Organization of the Petroleum Exporting Countries (OPEC) and its allies, in the OPEC+ grouping, will soon cut production. Global benchmark Brent crude futures fell 40 cents, or 0.4 percent, to $99.82 …

Oil, Crude, trading

The pound fell against the Japanese yen within the bearish bias published in yesterday’s technical report, touching the first target required to be achieved at 161.00, recording its lowest level at 160.80. Technically, we tend to the negativity in our trading, relying on the clear negative crossover on the simple …

The Canadian dollar was able to retest the support as we explained yesterday, touching the required retest target at 1.2950, recording yesterday’s low of 1.2930. Technically, the pair was able to build on the 1.2930 support floor accompanied by positive signs coming from the 14-day momentum indicator on the short …

Oil, Crude, trading