Tag Archives: dollar

European stocks rose on Monday in the first trading sessions of 2023, as eurozone manufacturing data indicated that the worst had passed after a year marred by fears of a recession as central banks around the world raised interest rates. The STOXX 600 rose 1 percent, supported by the stocks …

Oil, Crude, trading

The Canadian dollar declined significantly at the end of last week’s trading as part of a gradual decline towards the target achieved during the previous session, 1.3500, to record its lowest level at 1.3524. Technically, and by looking closely at the 4-hour chart, we find that the simple moving averages …

Oil, Crude, trading

Positive attempts for US crude oil futures prices within the expected bullish path to touch the first target mentioned in the previous technical report, at 80.50, recording its highest level of $80.67 per barrel. Technically, by looking at the 4-hour chart, the simple moving averages support the possibility of an …

Quiet trades tended to positively dominate the movements of the EUR/USD pair to start attacking the resistance level of the psychological barrier 1.0700, which still an obstacle in front of the pair. Technically, by looking at the 240-minute chart, we find the 50-day simple moving average still carries the price …

European stocks rose in the first trading session of 2023 on Monday, after a difficult year marred by fears of a recession sparked by global central banks’ hike in interest rates and the Russia-Ukraine war. The pan-European Stoxx 600 index was up 0.5 percent at 0810 GMT, supported by interest …

On Friday, Japan’s Nikkei index gave up early gains to close flat ahead of the New Year holidays and post its first annual loss in four years. The index ended trading stable at 26094.50 points, after rising 0.9 percent earlier in the session, tracing the impact of the gains seen …

The dollar fell on Thursday after rising in the previous session, as investors fretted at the end of the year as initial optimism about China easing coronavirus restrictions and opening up the economy waned. The Japanese yen rose, in its latest trading, by 0.64 percent, to 133.66 against the dollar. …

The dollar stabilized on Thursday after long-term US Treasury yields rose overnight, as initial optimism about China easing coronavirus restrictions and opening up the economy waned. After China removed its quarantine rule for inbound travellers on January 8, countries such as the United States, Japan and India said they would …