Thursday’s survey showed that business in the eurozone grew at the slowest pace in five months in September, as measures imposed to combat the spread of the Delta strain of the Coronavirus hit demand, while restrictions on supply chains raised the cost of production to more than a two-decade high. …

Gold prices stabilized Thursday, September 23, after the dollar gave up some of its gains due to hints from the Federal Reserve of a faster-than-expected interest rate hike, but positive news from China’s Evergrande limited the demand for possession of the yellow metal, which is considered a safe haven. Spot …

The Bank of England’s (BoE) Monetary Policy Committee (MPC) decided to leave the benchmark interest rate unchanged at 0.10% and kept the Asset Purchase Facility steady at £895 billion at the end of September policy meeting, as was widely expected.

The US dollar retreated Thursday, September 23rd from its highest level in a month, which is reached after the US Federal Reserve paved the way for raising interest rates next year, and improving sentiment in global markets encouraged dealers to sell the dollar. The Fed also signaled a tendency to …

European shares rose for the third day in a row as global sentiment improved after concerns over the financially crippled Chinese real estate developer Evergrande eased, while investors awaited the latest batch of market surveys. The pan-European Stoxx 600 index rose 0.6 percent, on track to post strong gains at …

After a series of sharp losses suffered by the shares of the debt-laden Chinese real estate developer “China Evergrande” during the past few days, the stock was able to rise more than 8% in today’s trading session, Thursday, September 23, but the company’s share is still down more than 80% …

Positive trades dominated the German DAX index after maintaining trading above the support level of 15,430, stable around its highest level of around 15,585. Technically, we tend to be positive, but cautiously, relying on the positive crossover signals on Stochastic, in addition to the positive motive of the 50-day moving …

Oil, Crude, trading

GBP/JPY succeeded in achieving the official target to be touched at 149.00, recording its lowest level at 149.02, to the bullish rebound once again, benefiting from building a base on the support level represented in the last target. Technically, by looking at the 60-minute chart, we find that the RSI …

The Canadian dollar witnessed random, erratic trading but tended to the positive as the pair stabilized above the 1.2700/1.2720 support level. From the point of view of technical analysis, we are still inclined to the positivity, but cautiously, relying on the stability of trading above the mentioned support and the …