Tag Archives: dollar

Better-than-expected Chinese growth data published on Wednesday gave Asian currencies a boost, driving the yuan to a one-week high and pressuring the dollar. But the attack on a hospital in Gaza on Tuesday made the moves modest and kept investors awaiting the possibility of the conflict expanding. Official data showed …

Oil, Crude, trading

Oil, Crude, trading

During the previous trading session, the Canadian dollar’s movements witnessed a temporary upward tendency. However, it clashed with the pivotal resistance level at 1.3700 published in the last technical report and failed to breach it. Technically, the pair found it difficult to break through the resistance of the psychological barrier …

japanese-yen

Oil, Crude, trading

The main support level published during the previous technical report at 85.65 succeeded in pushing the prices of US crude oil futures contracts to a solid upward rebound within the expected positive outlook, touching the first official target of 87.80, reaching the second stop of 89.10, and recording its highest …

The EUR/USD pair’s movements witnessed a positive trend during the previous trading session, reflecting the expected downward trend. In this trend, we relied on trading stability below the 1.0550 resistance level when the report was published. The price’s consolidation above 1.0570 postpones the chances of a decline but does not …

Treasury yields soared after robust retail sales data caused traders to reassess their views on the length of the Federal Reserve’s tightening cycle.The benchmark 10-year note was last down 34/32, yielding 4.851% (versus 4.71% on Monday), while the 30-year bond was last down 42/32, yielding 3.9579% (versus 3.866% on Monday).The …

Despite encouraging economic activity data, the US Dollar has retreated from its daily highs. The dollar has been weakened by a supportive market environment and a risk-on flow. The US Treasury yields are close to their highest levels in two weeks, limiting the potential downside. The Federal Reserve has raised …