The single European currency provided positive trading within the expected bullish path, approaching a few points from the first official target at 1.1680 to record the highest level of 1.1670. Technically, and by looking at the 60-minute chart, we notice the pair is now hovering around the 1.1640 resistance level, …

Today’s trading was quiet, except for the release of the Australian Reserve meeting minute early this morning, which had a slight impact on the risk appetite in the markets. The safe-haven dollar fell on Tuesday to its lowest level in three weeks against other major currencies amid an improvement in …

Housing Starts in the US declined by 1.6% on a monthly basis in September after rising by 1.2% in August, the data published jointly by the US Census Bureau and the US Department of Housing and Urban Development revealed on Tuesday. The Building Permits, which rose by 5.6% in August, …

In its latest policy papers, the Organization for Economic Co-operation and Development (OECD) warned that the world will likely face massive financial difficulties in the coming decades, worse than the ballooning public debt seen during the COVID-19 pandemic. According to the long-term scenario, the slowdown in large emerging economies, demographic …

Johnson & Johnson said it sold $502 million of its coronavirus vaccine in the third quarter, in its third-quarter financial statements that beat Wall Street earnings expectations. The company reported adjusted earnings per share of $2.60 per share, versus expectations of $2.35 per share. The company’s revenue came to $23.34 …

The safe-haven dollar fell on Tuesday to its lowest level in three weeks against other major currencies amid an improvement in risk appetite, as Asian stocks tracked the rise in US technology shares, and also amid signs that China’s property market problems could be contained. The Australian dollar, which is …

Gold futures fell on Friday, on pace to halt a three-session climb, as Treasury yields and U.S. benchmark stock indexes rose, Gold prices rose on Tuesday, October 19, as the dollar and US Treasury yields fell, providing some support for the precious metal despite the trend of central banks to …

European shares rose on Tuesday as technology stocks rose, tracking overnight gains from their Wall Street peers, offsetting losses in Swedish and healthcare firms’ Ericsson shares. The pan-European Stoxx 600 index was up 0.1 percent by 0708 GMT, with technology shares gaining 0.7 percent. Telecom equipment maker Ericsson fell 3 …

Japan’s Nikkei index closed higher on Tuesday, boosted by technology heavyweights that tracked the Nasdaq’s gains, even as worries spread ahead of the country’s corporate earnings season that begins next week. The Nikkei index closed up 0.65 percent to 29,215.52 points, and the broader Topix index rose 0.36 percent to …

The German DAX index continues to rise after finding a good support level around 15,370, to record its highest level during the previous trading session of 15,550. Today’s technical aspect indicates the possibility of a bullish bias in the coming hours, depending on trading above the published support above, in …