Tag Archives: dollar

On Thursday, the dollar steadied, while the pound experienced losses in light trading activity during the holiday season. Market participants are anticipating the release of crucial year-end data—the U.S. inflation figures scheduled for Friday. The pound faced significant losses against the dollar, marking its most substantial decline in two months …

European stocks experienced a decline on Thursday, particularly within the real estate and auto sectors, following a sharp sell-off on Wall Street in the previous session. Investors, in anticipation of more economic data from the United States, sought additional indicators on the trajectory of global interest rates. As of 0817 …

Oil, Crude, trading

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

Positive trading prevailed in the US crude oil futures market until midday, reaching the designated target of 75.40 and peaking at 75.35. Technically, examining the 4-hour chart reveals that the 75.40 level is exerting substantial downward pressure on oil, prompting a swift retreat towards 73.54. The negative stochastic indicator is …

The recent trading session showcased predominant positive movements in the Euro/Dollar pair’s trajectory, as it endeavored to establish consolidation above the pivotal 1.0960 resistance level, achieving its peak at 1.0984. From a technical standpoint today, intraday dynamics demonstrate stability beneath the formidable 1.0960 mark, representing the robust resistance positioned at …

European shares saw an uptick on Wednesday, driven by anticipations of interest rate cuts following data indicating a slowdown in inflation in both Britain and Germany. Additionally, a surge in commodity prices contributed to gains in resource stocks. The STOXX 600 index recorded a 0.3 percent rise by 0818 GMT, …

Oil, Crude, trading