The US Dollar Index finished marginally lower on Thursday after reaching 105.73, the highest level since March. The DXY pulled back during the American session amid a correction of the US Dollar and a pullback in US Treasury yields.Economic DataData from the US came in mixed, with a decline in …
Read More »European stocks decline after the US adheres to monetary tightening
European stocks fell on Thursday, tracking Wall Street, which suffered losses overnight, after the Federal Reserve signaled a longer rate hike and ahead of further interest rate decisions from the Swiss National Bank, the Riksbank, the Norwegian central bank and the Bank of England. The European STOXX 600 index fell …
Read More »Nasdaq is seeing big losses 21/9/2023
Oil, Crude, trading
Read More »Dow Jones hits resistance 21/9/2023
Oil, Crude, trading
Read More »CAD needs more determination to continue rising 21/9/2023
Positive movements have regained control of the Canadian dollar, as we expected an upward rebound during the previous trading session, approaching by a few points to the first official target of 1.3510, only to post its highest level of 1.3501. Technically, we are leaning towards positivity in our trading, but …
Read More »USD/JPY continues the upward push and confirms the breakthrough 21/9/2023
japanese-yen
Read More »GBP suffers huge losses, all eyes on BoE 21/9/2023
Oil, Crude, trading
Read More »Oil may complete the downward correction 21/9/2023
Negative trades dominated the prices of US crude oil futures contracts during the previous trading session within a bearish context, gradually approaching the first target to be achieved at the price of 88.55, only to record its lowest level at $88.90 per barrel. Technically, with a closer look at the …
Read More »Euro continues its negative creep against USD 21/9/2023
For the second session in a row, the single European currency failed to stabilize for a long time by the resistance of the psychological barrier 1.0700, so it returned to trading negatively again within the expected bearish path during the previous technical report, touching the first official target 1.0630, recording …
Read More »Electric car sales in European Union countries exceed 20% in August
Data from the European Automobile Manufacturers Association showed on Wednesday that for every five new cars sold in European Union countries during the month of August, more than one was fully electric, and sales of zero-emission cars more than doubled. The association said that fully electric models represented 21 percent …
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