Tag Archives: dollar

European stocks fell on Friday, weighed down by losses in technology stocks, after disappointing overnight earnings for their major US counterparts reignited concerns about global economic demand and the impact of rising interest rates. The pan-European Stoxx 600 index was down 0.5 percent by 0812 GMT. Nevertheless, the index is …

Japan’s Nikkei closed at a seven-week high on Friday, buoyed by Nasdaq’s strong performance overnight, with Sony and others leading the index higher after announcing strong growth expectations. The Nikkei index rose 0.39 percent to close at 27,509.46 points, the highest closing level since December 16. The index rose 0.46 …

The Euro fell against the Dollar on Thursday after the European Central Bank raised interest rates by 50 basis points in line with expectations while the Bank of England adopted a softer tone on inflation. The ECB plans to raise rates by the same amount at least once more next …

The Japanese Nikkei index closed slightly higher on Thursday, supported by technology stocks, after the Nasdaq index jumped on Wednesday night, while the rise of the yen affected exporters and limited the index’s rise. The Nikkei index rose 0.2 percent to close at 27,402.05 points. Of the stocks listed on …

Negative trades returned to control the movements of the Canadian dollar, after it failed to stabilize for a long time above the strong resistance level at 1.3400, which forced it to trade in negativity. The pair is now hovering around 1.3277. Looking closely at the 240-minute chart, we find that …

Oil, Crude, trading

US crude oil futures prices declined significantly within the expected bearish context during the last technical report, touching the first target of 77.00, and approaching by a few points the second target of 76.00, recording the lowest at $76.10 per barrel. Technically, by looking at the 4-hour chart, we find …

We adhered to intraday neutrality during the last report due to the conflicting technical signals, explaining that the condition for activating buying deals requires a breach of your psychological barrier 1.0900 for the pair to recover to target 1.0940 & 1.0970, reaching the official station 1.1030, recording its highest level …

European stocks rose on Wednesday, supported by gains in Novo Nordisk and other healthcare stocks, with eyes focused on the Federal Reserve’s interest rate decision later in the day. The pan-European STOXX 600 was up 0.3% by 0814 GMT, after a 6.7% jump last month when it posted its biggest …

Japan’s Nikkei index gave up early gains to end Wednesday’s session little changed, as caution dominated the market ahead of a crucial Federal Reserve decision later in the day. At the same time, the difference between the winning and losing stocks was significant, amid investors’ interaction with the local earnings …