Tag Archives: dollar

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 …

Oil, Crude, trading

Positive trades dominated the movements of the Canadian dollar, as we expected, with a gradual rise to the upside, approaching a difference of a few points from the target to be achieved yesterday at 1.3830, recording its highest level at 1.3817. Technically, the bullish context is still the most probable, …

Oil, Crude, trading

US crude oil futures prices achieved the negative outlook as we expected, touching the first target mentioned in the previous technical report, located at 76.20, recording its lowest level at 76.15. Technically, oil’s current movements are witnessing stability below the 76.00 barrier, as we find the simple moving averages form …

The movements of the eurodollar pair witnessed a calm trading session yesterday, after it recorded significant declines against the US dollar after the semi-annual testimony of the Federal Reserve Chairman before the Senate. Technically, today, the euro is settling below the minor resistance level 1.0575, in addition to the pair’s …