Tag Archives: dollar

Japan’s Nikkei fell more than 1 percent on Monday, with banks leading the losses as investors fretted over the potential repercussions of the collapse of the US bank Silicon Valley. Automakers also fell under pressure from a strong yen, with Mitsubishi Motors leading the decline. The Nikkei index fell 1.11 …

Oil, Crude, trading

The Canadian dollar hit the resistance level of 1.3860 after attempting to approach the target mentioned in the previous report, 1.3890, to trade negatively again below 1.3780. Technically, the current movements are witnessing a bearish direction accompanied by the negative pressure of the simple moving averages, which returned pressure on …

Oil, Crude, trading

Attempts for US crude oil futures contracts continue to achieve some gains within the bullish path published during the previous technical analysis, surpassing the target of 76.00, recording its highest level at $77.42 per barrel. Technically, the 50-day simple moving average still constitutes an obstacle in front of oil prices, …

A noticeable rise for the Euro-dollar pair, achieving substantial gains, building on the weakness of the US dollar after the US jobs data, invalidating the technical outlook as we expected. As a reminder, we indicated during the previous technical report that the price’s consolidation once again above 1.0640 would immediately …

European stock markets traded sharply lower Friday as nervousness ahead of the widely-watched U.S. jobs report and weakness in the banking sector overshadowed better-than-expected U.K. growth data. At 08:40 GMT, the DAX index in Germany traded 1.7% lower, the CAC 40 in France dipped 1.9% and the FTSE 100 in …

On Friday, the Japanese Nikkei index suffered the largest loss in nearly three months, ending a series of gains that lasted for five sessions, under the weight of the decline in financial institutions shares, after a decision by the central bank to continue stimulus measures, which affected the expectations of …

European stocks opened lower on Thursday, with German real estate company LEG Immobilien tumbling to the bottom of the Stoxx 600 index on a dividend hold, while investors worried about interest rate hikes continuing for a longer period. Shares in LEG Immobilien plunged 10.6 percent in early trade, with the …

Japan’s Nikkei index hit a six-and-a-half-month high on Thursday, extending its winning streak for the fifth consecutive session, with risk appetite improving on expectations that the Federal Reserve will slow down its monetary tightening policies and the lack of imminent changes in the Bank of Japan’s monetary stimulus policy. The …