The markets are awaiting the testimony of US Federal Reserve Chairman, Jerome Powell, today, but it is not only Jerome Powell who will be speaking today but also several US Fed officials, first and foremost Raphael Bostic. Atlanta Federal Reserve President Raphael Bostic told Reuters on Tuesday that March would …

European shares rose on Tuesday, with investors returning to the technology sector after declining for seven days due to fears of rising interest rates. A group of positive corporate results also supported stocks. The pan-European Stoxx 600 index rose 1.1 after US stocks rose in late trading, supporting Asian stocks. …

The dollar fell on Tuesday but remained within its recent swing range as investors awaited a speech by US Federal Reserve Chairman Jerome Powell at a session of Congress later on Tuesday. European shares rose in early trading after a rebound in late trading in the US stock market, while …

The unemployment rate in the eurozone declined marginally in November, that is, before the start of the Omicron outbreak, which caused lockdowns in a number of countries on the continent, due to its rapid spread. And data from the statistics agency Eurostat revealed on Monday that the unemployment rate fell …

Gold prices rose on Tuesday, January 11th, supported by a decline in the dollar and US Treasury yields, as investors awaited the release of inflation data for December, this week, which may support a decision by the Federal Reserve to raise interest rates sooner than expected. And the price of …

GBP/JPY made positive attempts, building on a support level of 155.60, recording a high of 157.40. Technically, we tend to the positivity, relying on the stability of the intraday trading above 156.00 support level accompanied by the positivity features that start to appear on the stochastic indicator and getting rid …

The Canadian dollar’s movements witnessed limited positive attempts during the last trading session to hit the resistance level of the psychological barrier 1.2700, unable to breach it until now. Technically, and carefully looking at the 4-hour chart, we notice the beginning of a bearish technical formation that puts the price …

Oil, Crude, trading

Oil, Crude, trading

Gold prices started today’s trading session with a noticeable rise after it announced the reliance on the solid support floor located around 1782. The price is now hovering around the highest level during early trading in 1807. On the technical side, we find gold prices succeeded in breaching the pivotal …