Tag Archives: dollar

Mixed trades tended to be negative, dominating the movements of the euro-dollar pair within the attempts to recover the euro against the US dollar, recording its highest level at 1.0840, heading towards a decline quickly to activate the bearish scenario, explaining that the decline below 1.0785 is capable of postponing …

Banking stocks fell again on Friday after a turbulent week as investors worried that the worst problems in the sector since the 2008 financial crisis had yet to be contained. The index of major European banks fell 2.2 percent in early trading, with Swiss bank UBS down 6.4 percent. Deutsche …

According to S&P Global Research’s most recent manufacturing activity survey, which was released on Friday, the manufacturing sector declined in the Eurozone widened in March. The Eurozone Manufacturing Purchasing Managers Index (PMI) was 47.1 in March compared to the anticipated 49.0 and the previous reading of 48.5. A four-month low …

European stocks opened lower on Thursday, after a weak trading session on Wall Street the day before, when the Federal Reserve announced a widely expected rate hike of 25 basis points, and hinted it might suspend monetary tightening soon. The pan-European Stoxx 600 index was down 0.4% by 0808 GMT, …

A two-day recovery in European stocks stalled on Wednesday as investors awaited the outcome of the Federal Reserve’s monetary policy meeting after signs of problems in the banking sector raised hopes that the bank would follow a moderate approach in raising interest rates. And by 0811 GMT, the European Stoxx …

The Canadian dollar maintains its negative trading after finding a strong resistance around 1.3740, forcing the pair to trade negatively, recording its lowest level below 1.3685. Technically, we notice the stability of trading below the support of 1.3680, accompanied by the negative pressure coming from the simple moving averages, which …

Oil, Crude, trading

Mixed trading dominated the prices of US crude oil futures contracts at the beginning of this week’s trading, recording a low of $64.40 per barrel. Oil prices are trying to provide some recovery, benefiting from the intraday stability above 65.60. However, upon closer look at the chart, we find that …

Quiet movements dominated the euro-dollar pair with a gradual rise to the upside, recording its highest level during the previous session’s dealings, near the pivotal resistance of 1.0740. From the angle of technical analysis and by looking at the 240-minute chart, we notice that the 50-day simple moving average continues …

European stocks fell on Monday, with Credit Suisse shares losing more than 60 percent after UBS agreed to buy its struggling rival in a $3 billion deal, undervaluing Credit Suisse well and raising fears of a banking crisis. wide range. The STOXX 600 European shares fell 0.8 percent by 0807 …