The dollar fell on Monday, losing some of the gains it made on the back of strong US employment data released on Friday as currency markets reversed their initial reaction. The higher-than-expected US employment data last week boosted the dollar’s strength against the major currencies. Traders saw the data as …

Official customs data showed that Chinese exports to Russia rose significantly in July after a 4-month decline. Reuters calculations based on customs data indicated that exports to sanctioned Russia rose 22.2 percent in July from the previous year in dollar terms, reversing a 17 percent decline in June, the first …

The Japanese Nikkei index closed at its highest level in more than four months on Monday, as investors flocked to stocks of companies that announced strong expectations, while caution ahead of the US consumer price report limited gains. The Nikkei rose 0.26 percent to 28,249.24 points, its highest close since …

Gold prices fell on Monday after strong US jobs data last week boosted the possibility that the Federal Reserve will raise interest rates significantly, sending dollar and Treasury yields higher. And the price of gold in spot transactions 0.1 percent to 1771.74 dollars an ounce (an ounce) at 0454 GMT, …

Oil, Crude, trading

Positive trading dominated the movements of the pound sterling against the Japanese yen within the bullish context, as we expected touching the first target to be achieved 162.60 and approached by a few points from the second target of 163.60, recording its highest level at 163.47. On the technical side …

The Canadian dollar showed some bullish bias during the last trading sessions of last week, after several consecutive sessions during which it did not show any movements, to retest the 1.2885 resistance level. Technically, we find the pair succeeded in stabilizing above 1.2885, the previously breached resistance, which is now …

Oil, Crude, trading

The negative performance of gold prices at the end of last week’s trading resulted from the US dollar gaining positive momentum after the US jobs data exceeded expectations, reaching its lowest level at 1765, recording the highest near 1794. Today’s technical vision indicates the possibility of resuming the decline, based …

The single European currency ended its weekly trading with a decline with the rise of the US dollar, which received support from the positive US employment data, as the EUR/USD pair recorded as low as 1.0140. Technically, by carefully looking at the 240-minute chart, we notice the price stability below …