The dollar rose against the euro on Friday after US producer price data for November came in slightly higher than expected, casting doubt on whether the Federal Reserve will slow down the pace of interest rate hikes at its meeting next week. The data showed US producer prices rose 0.3 …

The dollar was little changed against major currencies on Friday as concerns about the performance of the US economy returned, ahead of the release of producer price index data later on Friday and the Federal Reserve meeting to decide on interest rates next week. Investors are looking forward to a …

Russia’s Deputy Finance Minister said that Moscow will decide whether to increase its oil production based on the results of the first quarter of 2023, following the imposition of an EU embargo on Russian oil exports and a price cap from the West. Russian President Vladimir Putin criticized the West’s …

European stocks rose on Friday, as industrial and financial stocks rose on optimism related to China’s easing of anti-Covid-19 restrictions, while Credit Suisse jumped after news of a capital increase. The pan-European STOXX 600 rose 0.2 percent by 0810 GMT, and appeared to be heading for an increase after losing …

Gold prices rose on Friday, supported by a weak dollar, while investors prepared for important inflation data in the United States and the Federal Reserve’s decision to raise interest rates next week. Spot gold increased 0.2% to $1,793.16 an ounce by 0241 GMT, but has fallen 0.3% since the beginning …

Japanese stocks jumped on Friday, led by chip-related and other blue-chip stocks, after Wall Street closed higher Thursday night, supported by growing hopes of a recovery in global economic growth following China’s easing of anti-COVID-19 restrictions. The Nikkei index closed up 1.18 percent at 27,901.01 points, recording the largest daily …

Oil, Crude, trading

The Canadian dollar reversed the expected bullish trend during the previous report, in which we relied on the stability of intraday trading above the support level of 1.3620, to decline to the downside as a result of approaching the resistance level of the psychological barrier 1.3600. Technically, we tend towards …

Oil, Crude, trading

Mixed trading dominated the price movements of US crude oil futures without a clear real direction, recording a low of 71.14 after recording a high of $75.41 per barrel. Technically, by looking at the 4-hour chart, we find that the simple moving averages continue the negative pressure on the price …