Tag Archives: dollar

Oil, Crude, trading

Remarkable rises dominate the movements of the Canadian dollar at the beginning of this week’s trading, taking advantage of the strong support floor at 1.3750. Technically, the positive motive from the 50-day simple moving average supports the continuation of the rise and is motivated by positive momentum signals on the …

Oil, Crude, trading

US crude oil futures prices continue to achieve gains, supported by several factors that support prices, most notably the approval of OPEC members to reduce production by 2M bpd next month, to post $93.62 per barrel. Technically, the current movements are witnessing a bearish tendency as a result of profit-taking …

Negative trading dominated the euro’s movements against the US dollar at the beginning of this week’s trading, recording its lowest level at 0.9680. Technically and carefully looking at the 240-minute chart, we notice the continuation of the negative pressure coming from the simple moving averages that support the bearish price …

European shares fell for a fourth consecutive session Monday, October 10, as investors worried about the impact of rising tension between Ukraine and Russia and central banks’ determination to curb inflation on economic growth and corporate profits. The pan-European Stoxx 600 index was down 0.6% by 0708 GMT, its lowest …

Japanese technology stocks fell Friday, October 7, as Sharp Corp and other concerns about the sector’s future were hurt, after warning signs from abroad from Advanced Micro Devices and Samsung Electronics. In contrast, travel-related stocks – including airlines, rail operators and supermarkets – rose before borders reopen next week to …

The pan-European STOXX 600 index declined on Friday, led by semiconductor manufacturers, after weak reports from Samsung and Advanced Micro Devices. At the same time, recession fears persisted amid signs that central banks will remain decisive in tightening monetary policy. The Stoxx 600 index was down 0.2 percent by 0704 …

European shares rebounded on Thursday after falling in the previous session. Investors awaited more economic data and the European Central Bank’s September meeting minutes to indicate the pace and path of interest rate hikes. The Stoxx 600 index was up 0.6 percent by 0710 GMT, tracking Wall Street. Until the …

Japan’s Nikkei index closed higher on Thursday after touching a two-week high during the session, as markets continued their recovery from multi-month lows supported by energy-related stocks and chips. The Nikkei rose 0.7 percent to 27,311.30 points at the close, after hitting 27,399.19 points, a level not seen since September …