The dollar rose to a 20-year high on Monday as a combination of rising US Treasury yields and closings in China boosted the dollar’s safe-haven appeal. Against a basket of major currencies, the dollar index exceeded 104.19 for the first time since July 2002, continuing its rise by nine percent …

Japan’s Nikkei fell on Monday as US stock futures weakened and the prospect of an escalation of Russia’s offensive against Ukraine weighed on market sentiment. Fast Retailing, which operates Uniqlo stores, was among the biggest losers as China’s tightening of anti-Covid lockdowns worsened the country’s sales outlook. The Nikkei index …

European shares eased slightly in early trading on Monday, dragged down by a slump in the mining sector as investors worried about a sharp economic slowdown in China due to anti-Covid-19 restrictions while rising US bond yields kept technology stocks under pressure. The pan-European STOXX 600 index was down 0.1 …

Oil prices fell on Monday along with stock markets in Asia on fears that a global recession could slash oil demand, while investors looked ahead to European Union talks on a Russian oil embargo that is expected to tighten global supplies. By 0153 GMT, Brent crude prices fell 28 cents, …

Oil, Crude, trading

Oil, Crude, trading

Negative trades dominated the pound’s movements against yen, approaching by a few points from the target published during the previous report at 160.10, to record the lowest at 160.30. Today’s technical aspect indicates the possibility of continuing the decline, relying on the clear negative signs on the stochastic indicator on …

The Canadian dollar jumped within the expected ascending path, touching the official target in the report issued last Friday at 1.2900, recording its highest level of 1.2912. Technically, the pair continues to obtain positive stimulus from the simple moving averages that continue to hold the price from below, coinciding with …

Oil, Crude, trading

Gold prices succeeded in touching the official target mentioned in the last analysis at 1866, recording its lowest level at 1866, after the pivotal resistance level of 1890 managed to limit the attempts to rise. On the technical side, today, we tend to the negativity in our trading, relying on …