Tag Archives: dollar

The dollar fell to near its lowest levels in 7 months against the other major currencies on Tuesday, January 10, influenced by investor optimism that the Federal Reserve may be close to ending the cycle of increasing interest rates and with the increasing demand for risky assets after the lifting …

European stocks fell on Tuesday as investors became cautious ahead of a speech by Federal Reserve Chairman Jerome Powell after two US central bank monetary policymakers expected more interest rate hikes. The Stoxx Europe 600 index was down 0.7 percent by 0811 GMT, after hitting an eight-month high in the …

The Nikkei index of Japanese stocks closed at its highest level in two weeks on Tuesday, thanks to a jump in technology stocks, but caution ahead of the Bank of Japan meeting next week limited gains. The Nikkei index ended trading up 0.78 percent at 26,175.56 points, its highest level …

Oil, Crude, trading

As we expected, a bearish trend dominated the Canadian dollar’s movements with a gradual decline to the downside, approaching the official target of 1.3320, posting its lowest level at 1.3355. Technically, the most favourable direction is still bearish, with the negative pressure of the simple moving averages, which continue to …

Oil, Crude, trading

US crude oil futures prices reversed the expected bearish trend mentioned in the previous analysis, in which we relied on trading stability at the time of writing the report below the resistance level of 75.60, explaining that if the level mentioned above is breached, oil prices may recover with the …

The euro-dollar pair witnessed a positive trading session within the expected bullish context. Accordingly, we relied on stability above the psychological barrier of 1.0600, reaching the official station targeted for the current bullish wave at 1.0740, recording its highest level at 1.0760. On the technical side today, we find there …

On Monday, the dollar approached its lowest level in seven months against other major currencies, after data last week showed that the Federal Reserve may slow the pace of decisions to raise interest rates, while the reopening of Chinese borders boosted higher-risk currencies. The yuan in foreign transactions approached its …

European stocks rose on Monday, extending a positive start to the year for a second week, as China reopened its borders and US and European data eased concerns about the aggressive tightening of monetary policy by central banks. The pan-European Stoxx 600 index was up 0.3 percent by 0812 GMT. …