Tag Archives: dollar

Oil, Crude, trading

The Canadian dollar’s movements tended to be positive during the previous trading session, recording a high of 1.3660 after achieving a significant build-up above the support level of 1.3575. Technically, expectations indicate the possibility of achieving more gains based on the positive motif from the 50-day simple moving average, which …

Oil, Crude, trading

Positive movements dominated the prices of US crude oil futures contracts, recording additional gains that extended to the level of $77.80 per barrel. Technically, oil prices surpassed the resistance level of 76.60, which has now turned into a support level, which supports the possibility of an increase, in addition to …

Positive trades dominated the movements of the EURUSD during the previous trading session, building on the support of the psychological barrier 1.0600, recording its highest level at 1.0691. On the technical side today, and by looking closely at the 240-minute chart, we find that the euro is trying to consolidate …

With the ISM Manufacturing PMI creeping up to 47.7 from 47.4, the economic activity in the US manufacturing sector continued to shrink in February, though at a slower rate than it did in January. This figure was lower than the market forecast of 48.The report’s supporting information showed that the …

European stocks rallied thanks to miners and luxury products on Wednesday, after strong data from China reassured investors fearing an economic slowdown, while a decline in BNP Paribas, the euro zone’s largest bank, limited gains. The pan-European STOXX 600 index was up 0.2% by 0812 GMT, kicking off the month …

Japan’s Nikkei index extended gains to close higher on Wednesday as sentiment improved after data showed manufacturing activity in China expanded in February at the fastest pace in more than a decade. The Nikkei index closed up 0.26 percent at 27,516.53 points, after falling as much as 0.5 percent earlier …

Japan’s Nikkei index gave up most of its early gains to close slightly higher on Tuesday, as investors sold strong-performing stocks to bargain hunters amid the absence of a clear catalyst. The Nikkei ended the day’s trading, up 0.08 percent, at 27,445.56 points, after rising 0.6 percent. The broader Topix …

European stocks opened higher on Monday, supported by a jump in retail stocks after posting their worst weekly performance this year due to fears that interest rate hikes will continue for a longer period in the United States and the eurozone. The pan-European Stoxx 600 index was up 0.8% by …