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

Negative trading dominated the US crude oil futures prices within the expected bearish path at the end of last week’s trading. It was heading towards the official target of 84.40, recording its lowest level of $84.30 per barrel. Technically, by looking at the 4-hour chart, we notice that Stochastic is …

Remarkable declines dominated gold prices, posting huge losses within the expected bearish trend during the last analysis, touching the official target at $1660/ounce and approaching by a few points from the second target of $1650, recording its lowest level at $1654 per ounce. On the technical side today, stochastic is …

Limited sideways trading tended to the negativity dominating the movements of the euro against the US dollar, and the current moves are witnessing the stability of the pair’s exchange rate below the parity point of 1.0000, which constitutes a pivotal level for the current trading levels. Technically, by looking at …

The dollar rose slightly against the yen on Thursday after data showed a more-than-expected recovery in US retail sales in August, while the Swiss franc reached its highest level against the euro since 2015. Retail Sales in the US stayed increased by 0.3% to $683.3 billion in August, the data …