Tag Archives: dollar

Negative trading dominates the movements of EURUSD due to stability below the resistance level of the psychological barrier 1.0900, which forced the pair to retreat marginally, to witness the current movements stabilizing around its lowest level during the morning trading of the current session 1.0865. Technically, and with a closer …

On Friday, the Japanese Nikkei index recorded its biggest weekly jump in more than two months, with the index recouping all its losses since the Bank of Japan’s sudden adjustment to one of its policies last month, but caution about local earnings limited gains. The Nikkei index rose 0.07 percent …

European stocks were little changed on Friday as investors refrained from making big bets ahead of a series of central bank meetings next week, while luxury goods stocks fell after weak business results from industry leader LVMH. And by 0815 GMT, the European Stoxx 600 was stable, as gains in …

The dollar fell against the Japanese yen on Friday, as traders bet that the Bank of Japan’s monetary policy tightening is still imminent. The dollar also fell to approaching a nine-month low against the euro, amid expectations in the market that the European Central Bank will announce next week an …

European stocks rose on Thursday as strong quarterly earnings from ST Microelectronics, Sabadell and Nokia allayed concerns about corporate earnings season amid signs of a recession. The pan-European Stoxx 600 index was up 0.6% by 0835 GMT, with technology and financial services shares leading the gains. STMicroelectronics jumped 8.4% after …

Japan’s Nikkei index snapped a four-session winning streak on Thursday, with shipping companies leading the decline, as investors around the world await US economic data that could influence the path of the Federal Reserve’s interest rate hike. The Nikkei index closed down 0.12 percent at 27,362.75, after rising 0.4 percent …

Oil, Crude, trading

Limited sideways trading dominates the movements of the Canadian dollar, confined between 1.3350 and 1.3420. Technically, we note the continuation of the 50-day simple moving average pressure on the price from above, with trading stabilizing below 1.3420, which supports negativity. On the other hand, we find the 14-day momentum indicator …

Oil, Crude, trading

US crude oil futures prices achieved the first bearish target referred to in the previous analysis at 79.40, to start a bullish rebound due to touching the support 79.40 represented in the first target, to witness the current movements stabilizing above the barrier of $80.00 per barrel. Technically, the 50-day …