Tag Archives: dollar

European stocks opened higher on Tuesday, supported by gains in the travel sector, after TUI Tourism Group expected a recovery in the travel sector for the next summer season. The pan-European Stoxx 600 index was up 0.3 percent by 0812 GMT. European travel and leisure stocks rose 0.6 percent. Germany-listed …

Japan’s Nikkei rose on Tuesday after Wall Street’s rally overnight, as investors take positions ahead of key US inflation data later in the day that could determine the direction of the Federal Reserve’s monetary policy. The Japanese government nominated Kazuo Ueda for the post of Governor of the Bank of …

Oil, Crude, trading

The Canadian dollar failed to settle for a long time above the strong resistance level at 1.3380, which formed negative pressure, forcing the pair to trade negatively again, settling around its lowest level at around 1.3330. Technically, and with a closer look at the 4-hour chart, the simple moving averages …

Oil, Crude, trading

Positive movements dominated the prices of US crude oil futures contracts at the beginning of this week’s trading after it managed to build on the support of 78.30, to start its movements within an upward rebound, recording its highest level at 80.57. Technically, we find a bullish technical formation that …

The single European currency started its daily trading on an upward rebound, taking advantage of the support floor posted last Friday at 1.0655, which forced the price to form an upward bias. As a result, the pair now hovers around its highest level during the early trading of the current …

European stocks opened higher on Monday ahead of US inflation data due on Tuesday, while real estate stocks fell on disappointing quarterly earnings from Sweden’s Castellum. The Stoxx Europe 600 index rose 0.2 percent, after posting its first weekly decline in three weeks on Friday. Stockholm-listed Castellum fell 5.8 percent …

The Japanese Nikkei index closed lower on Monday, as heavyweight technology stocks tracked the decline in the US Nasdaq index in the last session, while investor sentiment was affected by some companies announcing bleak earnings forecasts. The Nikkei index fell 0.88 percent to close at 27,427.32 points, after falling to …

European stocks fell on Friday and were about to end a three-day winning streak as investors assessed the prospects for prolonged global monetary tightening, and a bleak outlook from German sportswear outfit Adidas weighed on sentiment. The pan-European STOXX 600 index was down 0.6% by 0815 GMT, after touching a …