Tag Archives: dollar

Further to earlier reports, the International Monetary Fund has reportedly stated that “should Japanese long-term rates rise further, Japanese investors’ repatriation of funds could affect sovereign bond yields in Australia, several euro area countries, and in the US.” This is in reference to earlier reports that the IMF on Tuesday …

European stocks rose on Tuesday as investors returned from a long weekend to face a week full of important economic data that is expected to provide more clues about the path of interest rates globally. The pan-European Stoxx 600 rose 0.5 percent, with mining and auto stocks leading the gains, …

Japanese stocks rose for the third consecutive session on Tuesday after moderate comments from the Governor of the New Bank of Japan, as well as strong economic indicators from the United States that boosted investor confidence. The Nikkei index rose 1.05 percent to close at 27,923.37 points, its highest daily …

Oil, Crude, trading

After attempts to rise, the Canadian dollar found a strong resistance level of around 1.3550 to find the resistance above. It started to form negative pressure on the price within a sideways path it cannot breach until now. Technically, we find the Canadian dollar stable above the floor of support …

Oil, Crude, trading

We remained neutral during the last technical report due to conflicting technical signals, explaining that risks are still high amid diverging technical indicators. As a reminder, we indicated that the price’s decline below 80.00 leads oil prices to visit 79.65, recording the lowest 79.66. Technically, we tend to be negative …

Quiet movements dominated the eurodollar pair during the first trading of this week, within the expected bearish context during the previous technical analysis, during which we indicated that there is a possibility of a bearish bias, targeting 1.0870, for the pair to reach the required target at 1.0830. On the …

Japanese stocks rose at the close Monday, April 10, with the yen falling slightly, supported by hopes about the global economy’s ability to withstand rising inflation and raising interest rates, but stock movements were limited ahead of the first press conference of Bank of Japan Governor Kazuo Ueda. The Nikkei …

In the past two weeks, central bankers in central Europe have stepped up their hawkish policy messaging in an effort to dissuade investors from placing bets that they will soon start an easing cycle. Their message is beginning to find momentum. These policy cautions came amid a European market slump …