The most important US employment data of the month is expected to be released on Friday amid expectations of a significant decline in job growth in the United States, with a stable unemployment rate and a decline in wage growth. On the first Friday of each month, US employment data …
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Major European equity markets experienced declines on Thursday, impacted by corporate earnings reports from both the U.S. and Europe. Meanwhile, expectations of forthcoming policy easing in the United States supported global bond markets. The Federal Reserve maintained interest rates on Wednesday but hinted at a potential cut in September. Traders …
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Oil, Crude, trading
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japanese-yen
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Oil, Crude, trading
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US crude oil futures surged yesterday, reaching a high of $78.70 per barrel. Technically, the 4-hour chart indicates that oil has moved above the 50-day simple moving average, supporting a positive outlook. Additionally, the price is holding above the 78.00 support level. Given this stability, the upward trend appears likely …
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The EUR/USD pair experienced narrow sideways trading, confined between the support level at 1.0800 and the resistance level at 1.0850. Technically, the 240-minute chart shows continued negative pressure from the simple moving averages, alongside the stability of daily trading below the pivotal resistance level of 1.0880. Given these conditions, there …
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US Dollar maintains momentum ahead of Fed decision and labor market update. US JOLTs and CB Consumer Confidence figures exceed expectations. Fed is expected to stay data-dependent and keep possibilities open for a September cut.The US Dollar, measured by the DXY index, is trying to continue its upward trend, but …
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European shares showed muted movement on Tuesday as investors held back, awaiting the outcome of the Federal Reserve’s monetary policy meeting and upcoming Eurozone inflation data. Despite the overall cautious sentiment, technology and oil stocks provided some support to the market. STOXX 600 IndexThe pan-European STOXX 600 index inched up …
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Oil, Crude, trading
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