Tag Archives: dollar

European stocks opened higher on Friday after falling for two straight days as investors snapped up falling energy stocks, although hawkish comments from more Federal Reserve officials capped gains. The pan-European Stoxx 600 index was up 0.4% by 0813 GMT, with basic resources stocks rising 1.1%, after falling more than …

The dollar is heading for its best week in a month on Friday, as comments from Federal Reserve officials and stronger-than-expected retail sales data curbed the US currency’s slide after signs of easing inflation. It was also helped by Thursday’s 0.4 percent decline in the British pound after a British …

Oil, Crude, trading

The resistance levels published in the previous analysis at 1.3400 could limit the bullish tendency in the last session’s trading, which forced the pair to trade within the downside path again, recording its lowest level at 1.3305. Technically, negative pressure comes from the simple moving averages, accompanied by clear negative …

Oil, Crude, trading

As we expected, US crude oil futures prices incurred significant losses during the last session’s trading within the negative outlook, surpassing the official target station at 82.10, recording its lowest price at $81.42 per barrel. Technically, oil confirmed breaking the support level of 82.00, and the current movements are witnessing …

For the second session in a row, the movements of the Euro-dollar pair did not witness a significant change within a limited bearish tendency that dominated the pair’s movements yesterday, to retest the support level of the psychological barrier 1.0300, maintaining the positive stability above. On the technical side, on …

The dollar was little changed on Thursday as investors digested mixed US economic data, while the British pound rose ahead of the government’s budget plans. The greenback has fallen in the past few weeks as inflation data and comments from Federal Reserve officials suggested the bank could soon slow the …

German stocks led European indices higher at the open on Thursday, supported by data from Siemens, which recorded an optimistic rise in quarterly profits, while investors await the UK budget, which is expected to restore confidence in the British economy. The German DAX rose 0.9%, while the pan-continental Stoxx 600 …

Japan’s Nikkei closed lower on Thursday, as Tokyo Electron and Advantest led chip-related stock losses after Micron Technology cut memory chip supplies and capital spending, while travel stocks jumped thanks to an increase in foreign tourists. Micron was the first major chip maker to sound the alarm about falling demand …