Tag Archives: dollar

Japanese stocks rose on Tuesday, October 25 as electric car maker Nidec Corp. started its earnings season with solid results and boosted hopes that other companies might benefit from the weak yen. The index rose at the beginning of trading today only 0.51%, but ended trading up 1.02%, while the …

European shares jumped on Monday, boosted by hopes the Federal Reserve will slow the pace of interest rate hikes, as investors braced for a busy week that includes an important European Central Bank interest rate decision. The pan-European STOXX 600 index rose 1.3 percent by 0708 GMT, with the travel, …

Japan’s Nikkei gave up most of the morning’s gains during the overnight session, to close below the 27,000-point level on Monday, as investors worried about the outlook for the Chinese economy. The index ended trading up 0.31 percent at 26,974.90 points. Out of 225 stocks on the index, 133 rose …

Oil, Crude, trading

Negative trading returned to control the Canadian dollar after hitting the resistance level of 1.3850, which forced the pair to trade negatively again, touching the level of 1.3610. Technically, and carefully considering the 4-hour chart, we find the pair trying to build a base on the 1.3680 support level and, …

Oil, Crude, trading

A downward trend dominated the movements of US crude oil futures prices after it gave up its recent gains that it achieved during last Thursday’s trading session to record as low as $83.17 per barrel. The technical outlook today tends to the negative, relying on the stability of daily trading …

A noticeable surge for the EUR/USD pair at the end of last week’s trading within the expected bullish context in the previous analysis, approaching by a few points at the first required target at the price of 0.9900, recording its highest level at 0.9890. On the technical side today, we …

European shares fell on Friday, amid fears that major central banks will stick to raising interest rates to curb prices, while investors assessed mixed earnings reports that did little to allay fears of an economic slowdown. A slew of inflation reports and data pointing to the strength of the US …

The Japanese Nikkei index ended Friday’s trading below the main 27 thousand points level, affected by declines recorded by Wall Street Thursday night, amid fears that the announcement of the Federal Reserve (the US central bank) of a sharp interest rate hike could cause a recession. But the losses were …