The dollar fell to its lowest level in six years against the Canadian dollar and near its lowest level in several months against European currencies on Tuesday, as US Treasury yields stabilized amid renewed expectations that the United States will not raise interest rates soon. Robert Kaplan, head of the …

Gold prices rose on Tuesday and reached their highest levels in nearly four months during the session, supported by the weakening of the US dollar and investors’ use of the metal, which does not yield a return, to hedge against rising inflation. Spot gold rose 0.2% to $ 1868.30 an …

The eurozone economy shrank by 0.6% on a quarterly basis in the three months to March 2021, in line with expectations of -0.6%, a second estimate confirmed on Tuesday. On an annual basis, the bloc’s GDP decreased by 1.8% in Q1 versus -1.8% initiallyy in line with market expectations of …

Japanese stocks jumped today, as investors ignored data that showed that the economy was back in contraction, and they turned to stocks whose valuations were damaged in recent waves of selling. The Nikkei rose 2.09% to close at 28,406.84 points, recovering from its lowest level in four months, which it …

Brent crude futures rose above the level of $70 a barrel for the first time since last March, as hopes for a strong recovery in fuel demand after the resumption of economic activities in the United States and Europe were offset by concerns about the spread of Covid-19 cases in …

The current movements of the German DAX index are witnessing an upward tendency, benefiting from building on the support floor of 15,300. On the technical side, today there is a possibility of a bullish slope within the next few hours, depending on the positive signals coming from the RSI and …

Mixed trades dominated the movements of the Dow Jones Industrial Average in the New York Stock Exchange with the first trading of this week, to find a good support floor around 34,090, to witness the current moves, an upward slope, targeting a re-test of 34,370. On the technical side today, …

Positive trading dominated the movement of the pound sterling against the Japanese yen during the previous trading session, recording a high of 154.83. Technically speaking today, it indicates the possibility of continuing the rise, depending on trading stability above the support level 154.10 in addition to the positive stimulus coming …

The strong resistance levels located at 1.2135 managed to stop the bullish correctional tendency of the Canadian dollar, to start returning to the official bearish path again, recording its lowest level at 1.2043. Technically, and with a closer look at the chart, we find the 50-day moving average continues to …

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