Oil, Crude, trading

Oil, Crude, trading

Gold prices maintain the gradual bullish tendency after it succeeded in breaching the resistance level of 1810, recording its highest level during the previous trading session of 1829. Technically and by carefully looking at the 4-hour chart, we notice that the moving average supports the bullish price curve. In addition, …

The European single currency maintains positive stability, benefiting from a successful retest of the psychological barrier 1.1400 support level. As a result, the intraday movements are still stable above the mentioned level. On the technical side, the 50-day moving average still holds the price below, supporting the bullish pricing bias. …

The euro fell for the second day in a row in trading on Tuesday after European Central Bank President Christine Lagarde said there is no need for significant monetary tightening in the Eurozone. The dollar index rose 0.3 to 95.67, and the Australian dollar was little changed at $0.7127, but …

Pfizer Inc. recorded quarterly profits above analysts’ expectations, and its revenues rose, but less than estimates, while it expects to record strong sales of its vaccine and treatment for the Coronavirus. Pfizer’s fourth-quarter revenue more than doubled overall to $23.84 billion year-over-year, driven by $12.5 billion in sales of its …

The euro fell for the second day in a row on Tuesday after European Central Bank President Christine Lagarde said that there is no need for significant monetary tightening in the eurozone. Bond yields rose, and the euro recorded its highest weekly performance since March 2020 last week, when the …

European shares extended gains on Tuesday after the European Central Bank chief eased concerns about faster monetary policy tightening this year, while positive business results supported investor sentiment. The benchmark Stoxx 600 index was up 0.3 percent by 0830 GMT. Oil stocks were among the biggest gainers on the European …

Gold prices stabilized on Tuesday in light of concerns about Russia and Ukraine, which kept the metal, which is considered a safe haven of value, supported near the highest level in a week, which was recorded in the previous session. At the same time, the markets awaited US inflation data …

The US Commerce Department said it has added 33 Chinese entities to what it calls a list of unverified exports that requires US exports to go through additional procedures before goods are shipped to those entities. On Monday, the department said it was taking the step because it was unable …