The dollar rose in Asian trade on Thursday after the Federal Reserve signaled an interest rate hike later in the year, while the currencies of China and New Zealand fell amid signs of slowing economies. Market attention is now turning to other central banks’ decisions late this week. The dollar …
Read More »Dow Jones may witness a temporary decline 15/6/2023
Oil, Crude, trading
Read More »CAD loses momentum 15/6/2023
Trading tended to be negative, dominating the Canadian dollar’s movements within the expected bearish context, approaching by a few points away from the target to be achieved during the previous report at 1.3260, recording its lowest level at 1.3270. Technically, the current movements of the pair witness a limited bullish …
Read More »GBP may witness a temporary bearish correction 15/6/2023
Oil, Crude, trading
Read More »Oil hits resistance, negative pressure remains 15/6/2023
Crude oil futures prices declined significantly after failing to stabilize for a long time above the psychological barrier of $70.00, and the intraday movements are witnessing stability near its lowest level during the early trading of the current session, $97.95. Technically, with the continuation of moving below the simple moving …
Read More »Euro touches the target, eyes on ECB 15/6/2023
. Remarkable gains dominated the performance of the Dow Jones Industrial Average on Wall Street, within the positive outlook, as we expected, touching the official bullish target stations, reaching the last target of 34,130, recording its highest level of 34,112. Technically, we tend to be positive, relying on the index’s …
Read More »Stability of European stocks ahead of the US interest rate decision
European stocks opened flat on Wednesday ahead of the Federal Reserve’s widely expected decision to halt interest rate increases, while sports betting Entene shares tumbled after announcing a deal to buy another company. The European Stoxx 600 index settled at 463.49 points by 0709 GMT, while the travel and leisure …
Read More »Dollar tends to decline amid increasing bets on Fed stopping rate hikes
On Wednesday, the dollar hovered near a three-week low against the euro and near a one-month low against the British pound, after lower-than-expected inflation data cemented the view that the Federal Reserve will refrain from raising interest rates this time when it makes its decision. later in the day. The …
Read More »European stocks rise supported by the technology sector
European stocks opened higher on Tuesday, supported by gains in technology stocks amid growing optimism that the Federal Reserve will not raise interest rates during its monetary policy meeting. The pan-European STOXX 600 was up 0.5% by 0715 GMT, with the interest rate-sensitive technology sector index up 1.5%. Investors are …
Read More »Dollar is falling amid anticipation of US inflation data and central bank decisions
The dollar fell on Tuesday, but is trading in a narrow range, as investors remain cautious ahead of inflation data due in the United States later in the day, coinciding with the start of the Federal Reserve’s two-day monetary policy meeting. The Consumer Price Index report issued by the US …
Read More »