The Euro fell against the Dollar on Thursday after the European Central Bank raised interest rates by 50 basis points in line with expectations while the Bank of England adopted a softer tone on inflation. The ECB plans to raise rates by the same amount at least once more next …

There were 183,000 initial jobless claims in the week ending January 28, the weekly data published by the US Department of Labor (DOL) showed on Thursday. This print followed the previous week’s print of 186,000 and came in better than the market expectation of 200,000. Further details of the publication …

Bank of England (BoE) Governor Andrew Bailey is delivering his remarks on the policy outlook and responding to questions from the press following the bank’s decision to hike the policy rate by 50 basis points to 4% in February. “Change in language reflects a turning in the corner but very …

Following its February policy meeting, the Bank of England (BoE) announced that it raised the policy rate by 50 basis points (bps) to 4% as expected. Economists suggest this move could be the last big rate increase for Britain’s central bank, which has approved 10 consecutive hikes since a post-pandemic surge in …

Oil prices rebounded on Thursday after falling in the previous session, as dollar weakness restored some appetite for risky assets and OPEC+’s decision to continue production cuts helped quell oversupply fears. By 0353 GMT, Brent crude futures rose 65 cents, or 0.8 percent, to $ 83.49 a barrel, while West …

The Bank of England (BoE) will announce its interest rate decision on Thursday, February 2 at 12:00 GMT, publishing the Minutes of the meeting and Monetary Policy Report (MPR) alongside. As we get closer to the release time, here are the expectations forecast by the economists and researchers of four …

The Japanese Nikkei index closed slightly higher on Thursday, supported by technology stocks, after the Nasdaq index jumped on Wednesday night, while the rise of the yen affected exporters and limited the index’s rise. The Nikkei index rose 0.2 percent to close at 27,402.05 points. Of the stocks listed on …

Negative trades returned to control the movements of the Canadian dollar, after it failed to stabilize for a long time above the strong resistance level at 1.3400, which forced it to trade in negativity. The pair is now hovering around 1.3277. Looking closely at the 240-minute chart, we find that …

Oil, Crude, trading

US crude oil futures prices declined significantly within the expected bearish context during the last technical report, touching the first target of 77.00, and approaching by a few points the second target of 76.00, recording the lowest at $76.10 per barrel. Technically, by looking at the 4-hour chart, we find …