Tag Archives: dollar

European stocks rose on Wednesday as Italian bank stocks recovered from heavy losses incurred in the previous session after the government softened its position on a new tax on banks. The Stoxx Europe 600 index rose 1 percent by 0705 GMT, touching its highest level in a week. The euro …

Oil, Crude, trading

Oil, Crude, trading

As we expected, the Canadian dollar jumped to achieve significant gains yesterday, within the positive technical outlook, touching the official target at 1.3480, recording the highest at 1.3502. From the point of view of technical analysis today, we find that the pair succeeded in establishing a good support base around …

japanese-yen

Oil, Crude, trading

Mixed movements dominated the prices of US crude oil futures contracts, as we expected, touching the bearish official targets published during the previous technical report at 81.30 and 80.60, approaching the final target station at 79.60, only to record its lowest level at $79.97 per barrel. Technically, US crude prices …

Negative pressure dominated the movements of the EUR/USD pair yesterday, within the bearish technical outlook, as we expected, in which we relied on trading stability below the resistance of the psychological barrier 1.1000, heading to touch the first target to be achieved at 1.0950, recording its lowest level at 1.0952. …

European stocks fell on Tuesday as Italian banks came under pressure after the cabinet approved a 40 percent tax on bank windfalls, and persistent inflation in Germany and weak trade data in China weighed on risk appetite. The pan-European Stoxx 600 index was down 0.3 percent by 0707 GMT. Shares …

Oil, Crude, trading