Tag Archives: dollar

The pound rose on Monday after Britain announced a plan to scrap the country’s highest income tax rate, while the yen slipped from the 145 level against the dollar. And sterling touched $ 1,128, after media reports that the plan was reversed, the highest rate of the currency since September …

European shares fell on Monday as investors awaited factory activity data for clues to the resilience of the eurozone economy after last week’s sharp inflation report boosted expectations that the European Central Bank will raise interest rates aggressively. The pan-European Stoxx 600 index fell 1.3 percent by 0713 GMT, marking …

Japan’s Nikkei rose sharply on Monday, as chip-related stocks rose and energy stocks tracked gains in oil prices. The Nikkei gained in the last hour of trading, to close 1.07 percent higher at 26,215.79 points, after falling 1.22 percent earlier in the day. The broader Topix index advanced 0.63 percent …

Oil, Crude, trading

Positive trading has regained control over the movements of the Canadian dollar after it succeeded in attacking the resistance level of 1.3790, recording its highest level at 1.3840 last Friday. Technically, we tend in our trading to the upside, but cautiously, relying on the continuation of the pair obtaining positive …

Oil, Crude, trading

US crude oil futures prices opened their first weekly trading on a bullish price gap, recording a high of $81.65 per barrel. Technically, the price starts pressure on the 50-day simple moving average, in addition to the clear negative features on stochastic on the 4-hour time frame. We tend to …

Positive trades dominate the euro’s movements against the US dollar, trying to build on intraday stability above the support level of 0.9780, recording the highest level at 0.9853 at the end of last week’s trading. Technically, and with a careful look at the chart, an interval of 240 minutes, we …

The euro and the British pound rose to a one-week high on Friday, bolstered by moves from the Bank of England to reassure the markets and indications that the European Central Bank is tightening monetary policy as foreign exchange markets regained some calm at the end of a volatile week. …

European shares rose on Friday on the last day of trading from a turbulent quarter in which stocks were hit hard as investors worried about the impact of monetary policy tightening on economic growth and corporate profits. The pan-European Stoxx 600 index rose 0.8 percent by 0713 GMT, boosted by …