Gold prices succeeded in touching the official target published during the previous analysis, at 1856, recording a low on Friday at 1856. On the technical side, gold succeeded in forming a good support floor around 1856, which forced it to rebound upwards again, approaching retesting the previously broken support 1895. …

Mixed trading dominated the movements of the euro against the US dollar at the end of last week’s trading, within a bearish tendency, recording its lowest level near the pivotal support level 1.2100. Technically, the pair bounced today, benefiting from the mentioned support level, within the context of retesting the …

Buying interest around the EUR/USD subsides and is pushing the pair back into the 1.2160 region following the lower-than-expected US Non-Farm Payrolls report. The EUR/USD pair reversed the initial decline on Friday after data showed that the US economy created 559K jobs in May, below expectations of 650K jobs. At …

The Unemployment Rate in Canada edged higher to 8.2% in May from 8.1% in April with the Net Change in Employment falling by 68,000, compared to market expectation of -20,000, the data published by Statistics Canada showed on Friday.

the data published by the US Bureau of Labor Statistics showed on Friday that Nonfarm Payrolls (NFP) in the US rose by 559,000 in May. This reading followed April’s figure of 278,000 and came in worse than the market expectation of 650,000.

A representative of the Chinese Foreign Ministry said that the United States should respect the rule of law and the market, correct its mistakes, and stop actions that undermine the global financial market system and the legitimate rights and interests of investors. The statement came after President Joe Biden on …

Oil rose towards $72 a barrel on Friday, June 4, to trade near its highest level in two years, as the OPEC+ plan on supplies and recovering demand overshadowed concerns about the irregular activity of vaccinations against Covid-19 globally. The Organization of the Petroleum Exporting Countries (OPEC) and its allies …

Kirill Dmitriev, head of the Russian Direct Investment Fund, told Reuters that Russia expects WHO to approve the Sputnik-V vaccine against COVID-19 within two months. The Russian fund is responsible for marketing the vaccine. Dmitriev stated that the European Medicines Agency, which is also reviewing the Russian vaccine, “has obtained …

Data showed that retail sales in the euro area fell more than expected in April, affected by a decline in sales of non-food products, but it is still much higher than it was 12 months ago when most countries were subject to strict lockdown measures linked to the pandemic. The …

Gold fell to its lowest level in more than two weeks Friday, June 4, weighed by a stronger dollar, while investors awaited the US non-farm payrolls data for May, as bets loomed on a possible scaling back of stimulus measures by the US Federal Reserve. And gold fell in spot …