Trading tilted to the negative, which dominated the Canadian dollar’s movements yesterday, to find a solid support floor near the 1.2770 level, forcing it to rebound to the upside. It is now hovering around the 1.2810 level. Technically and carefully considering the 4-hour chart, we find a conflict in the …

Oil, Crude, trading

Gold prices jumped with this week’s trading, beginning within the expected bullish context during the last report. We relied on the stability of trading above the 1830 support floor, touching the required target 1857, recording its highest price yesterday at 1865. On the technical side, we notice clear positive crossover …

The Euro provided a trading session in positive areas against the US dollar after it succeeded in building on the support floor of 1.0550 and the Euro’s success in breaching 1.0630, reaching its highest level during the previous trading session 1.0697. Technically, and by carefully looking at the 4-hour chart, …

The US National Activity Index rose to 0.47 in April from 0.36 in March, data released by the Federal Reserve Bank of Chicago revealed on Monday. The National Activity Index is a monthly index designed to gauge overall economic activity and related inflationary pressure. The index has been relatively stable …

The Russian currency, the ruble, continued its rise against the American and European currencies, as it rose today, Monday, by about 3%, and the dollar was trading below the level of 59 rubles and the euro below the level of 62 rubles. The Moscow Stock Exchange said – in a …

Oil prices rose in early trading on Monday as US fuel demand, tight supplies and a slight decline in the dollar supported the market as Shanghai prepared to reopen after a two-month shutdown, raising concerns about a sharp slowdown in growth. Brent crude futures rose 82 cents to $113.37 a …

On Monday, gold prices rose to their highest level in more than a week, benefiting from a weaker dollar, although higher US Treasury yields limited gains for the dollar-denominated yellow metal. And gold rose in spot transactions 0.6 percent to $ 1856.41 an ounce by 0814 GMT. After prices reached …

The euro rose on Monday as investors sold dollars on hopes that easing China’s lockdown measures could support global economic growth. The calmer atmosphere in the stock markets in early European trade also put additional pressure on the dollar, which fell sharply last week, but remains the currency of refuge …

The monthly survey conducted by Germany’s Ifo Institute showed on Monday that the Business Climate Index improved to 93 in May from 91.9 in April, surpassing the market expectation of 91.4. Additionally, the Current Assessment Index rose to 99.5 from 97.3 and the Expectations Index edged higher to 86.9 from …