On Monday, the dollar stabilized against both the euro and the yen following a week marked by significant fluctuations in currency markets. Traders were closely analyzing the impact of monetary policy developments and geopolitical events. Attention is particularly focused on the yen’s position ahead of the Bank of Japan’s scheduled …

On Monday, gold prices experienced a decline of more than 1 percent as concerns about an escalating conflict in the Middle East eased, leading to reduced demand for safe-haven assets. Traders were also awaiting key inflation data in the United States later in the week for insights into potential changes …

European stocks opened higher on Monday as investors awaited the earnings reports of several major banks. Notably, shares of Portuguese company GALP surged to their highest level in 16 years following positive results from gas exploration in Namibia. As of 0716 GMT, the European STOXX 600 index had risen by …

Oil prices experienced a decline on Monday, influenced by a renewed focus on market fundamentals, as Israel and Iran downplayed the potential escalation of hostilities in the Middle East following a limited Israeli strike on Iran. Brent crude futures dipped by 67 cents, or 0.77 percent, to $86.62 per barrel …

Oil, Crude, trading

The Canadian dollar remains under the influence of a persistent downward trend, which gained momentum following the breach of the significant support level at 1.3760. Currently, the pair is stabilizing around its lowest level near 1.3725. Examining the technical analysis on the 4-hour timeframe today, we observe a bearish technical …

japanese-yen

Oil, Crude, trading

US crude oil futures contracts experienced a notable decline following the retracement of recent gains, retreating from the pinnacle of 85.58 reached during last Friday’s trading session. As today’s trading commenced, the price hit its lowest point, settling at $81.18 per barrel at the time of compiling this technical report. …

Gold prices commenced the first trading session of last week with a pronounced bearish sentiment, slipping below the significant threshold of $2400 per ounce. At the time of drafting this report, prices had dipped to approximately 2361 during the morning session. Technically, on today’s 4-hour chart analysis, we observe gold …