Japan’s Topix index closed Thursday at a 2-1/2 month high as auto and tire makers rebounded after the yen fell, and Wall Street’s rally at the close last night lifted market sentiment. The broader Topix index rose 0.71 percent to close at 27,696.44 points. The yen hovered near a six-week …

Gold prices regained some momentum on Thursday as the dollar weakened, but the prospect of the Federal Reserve raising interest rates again kept investors on edge. By 0333 GMT, spot gold rose 0.3 percent to $1,840.94 an ounce, after hitting its lowest level since early January on Wednesday. US gold …

Oil, Crude, trading

A bullish tendency dominated the movements of the Canadian dollar yesterday. However, as a reminder, we remained neutral for the moment due to the conflict between the technical signals, explaining that activating buying positions depends on confirming the breach of 1.3380 to target 1.3410 & 1.3460, to suffice for recording …

Oil, Crude, trading

The price of US crude oil futures witnessed mixed movements during the last trading session to start achieving the expected bearish scenario during the middle of yesterday’s session, touching the required target 77.30, to return to the bullish rebound to test the resistance level of 79.00. Technically, the price moved …

A bearish trend, as we expected, dominated gold prices, touching the first target to be achieved at the price of 1838, and approaching by a few points from the official target station 1828, recording its lowest level at 1830. Technically, by looking at the 240-minute chart, the stochastic is trying …

The single European currency declined significantly against the US dollar, within the downside track, as we expected during the previous technical report, touching the first target to be achieved at 1.0680, to record its lowest level at 1.0660. On the technical side today, we find the EUR/USD pair achieved some …

Australia is set to report its January employment figures on Thursday, February 16 at 00:30 GMT and as we get closer to the release time, here are forecasts from economists and researchers at five major banks regarding the upcoming employment data. Australia is expected to have added 20K jobs vs. …

Retail Sales in the United States rose by 3% to $697 billion in January, the US Census Bureau reported on Wednesday. This reading followed December’s decrease of 1.1% and came in better than the market expectation for an increase of 1.8%. Retail Sales ex-Autos expanded by 2.3% in the same …