Ukrainian Prime Minister Denis Shmyhal said on Friday that this year’s grain harvest is likely to be 20 percent below its level last year due to the shrinkage of the cultivated area after the Russian invasion. He said there is a shortage of fuel for farmers, but Ukraine knows how …

Japan’s Nikkei index recorded its worst weekly performance in almost a month on concerns about the impact of the Federal Reserve’s tightening of its monetary policies, the conflict in Ukraine, and the closure measures in China. The Nikkei index lost 2.46 percent this week, its worst performance since the week …

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar has been able to attain the expected bullish rebound discussed in the previous analysis, touching the first target at 1.2610, recording its highest level at 1.2610. Technically, and with a careful look at the 4-hour chart, the pair continues to obtain positive motive from the 50-day moving …

Oil, Crude, trading

Gold prices are trying to record rebound attacks to the upside, but without change, and are trading within a sideways range, as we indicated in the previous analysis, confined between 1925 support level and 1940 resistance level, which managed to cap gold’s gains during yesterday’s session, recording 1940, unable to …

The euro maintained negative stability against the US dollar, continuing its negative creep gradually after it failed to maintain trading above the 1.0965 level. technically, by looking at the 240-min chart, the pair’s continued movement below the simple moving averages, in addition to the pivot below the previously broken support …

The dollar is set to hit a two-year high against a basket of major currencies on Thursday after the Federal Reserve’s meeting minutes revealed that the US central bank was preparing to act aggressively to combat inflation, while commodity-linked currencies fell. The euro remained near a one-month low of less …

Japan will withdraw 15 million barrels of state and private oil reserves as part of the second round of a coordinated withdrawal process led by the International Energy Agency, Kyodo News Agency said on Thursday. Kyodo said the move would mark Japan’s largest-ever contribution to the process led by the …