Tag Archives: dollar

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 …

Oil, Crude, trading

After the Consumer Price Index data release, the Canadian dollar reversed the expected bearish trend during the previous report to rebound to the upside, recording its highest level during yesterday’s trading at 1.3362. Technically, and by looking at the 4-hour chart, we find that the stochastic started entering the overbought …

Oil, Crude, trading

The bearish trend has regained control over the movements of US crude oil futures prices within the bearish technical path, as we expected, approaching by a few pips from the official target of 84.00, recording its lowest level at 84.221. Technically, with the continuation of the negative pressure coming from …

The technical outlook is unchanged, and the euro’s movements did not change significantly, maintaining positive stability against the US dollar, stable above the strong demand area of 1.0280. On the technical side today, we find the Simple Moving Averages still supporting the upward curve of prices, motivated by the continuation …

On Wednesday, the dollar hit just over multi-month lows against most major currencies, as flows supporting the safe-haven currency slowed after US President Joe Biden said a missile that caused an explosion in Poland may not have been launched from Russia. NATO allies Poland and Ukraine said on Tuesday that …

European stocks opened slightly lower on Wednesday, November 16th, with Mercedes-Benz Group leading the decliners in the auto sector, while an explosion in Poland kept sentiment weak and pushed defense stocks higher. The Stoxx Europe 600 Index lost 0.2%. Mercedes-Benz shares fell 3.5% after a report said that the German …

Japan’s Nikkei index recovered losses to end higher on Wednesday, after fears of an escalation in the Ukraine crisis faded after US President Joe Biden said an explosion in NATO member Poland may not have been caused by a missile fired from Russia. The Nikkei index increased by 0.14 percent, …