Tag Archives: dollar

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 …

According to official data, Japan’s industrial production grew by 2.7% in August compared to July, marking the third consecutive month of growth. This number clearly exceeded expectations for a 0.2% increase in a Reuters poll. Retail sales jumped 4.1% in August from a year ago, topping Reuters’ forecasts for a …

Most stocks in the Asia-Pacific region fell Friday, September 30, the last day of the third quarter of the year after another sell-off on Wall Street overnight. In Japan, the Nikkei fell by 1.83% and the Topix fell by 1.76%. Hong Kong’s Hang Seng is up 0.29%, while Hang Seng …

European shares tumbled on Thursday, with some companies, including Sweden’s H&M, warning of the repercussions of rising inflation and costs on their activities, negatively affecting sentiment before releasing highly anticipated German inflation data. The pan-European Stoxx 600 index was down 1.7 percent by 0759 GMT after it failed to follow …

The Canadian dollar failed to maintain gains above 1.3800, to return to test the 1.3620 support level, recording its lowest level at 1.3600. Technically, the negativity started to appear on the stochastic indicator, which began to lose the bullish momentum initially, and this comes with the daily trading remaining below …

Oil, Crude, trading

We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, explaining that activating the buying positions depends on confirming the breach of oil prices to the level of $79.50, which increases the possibility of achieving a rise that targets $80.80, surpassing the target, recording the …

The movements of the EUR/USD pair witnessed attempts to recover and compensate for losses during the last trading session, nullifying the bearish technical outlook, in which we relied on trading stability below 0.9710, recording the highest level at 0.9750. On the technical side today, the euro is witnessing stability above …

Nervous financial markets pushed the dollar to a two-decade high on Wednesday, Sept. 28, as rising interest rates around the world fueled recession fears. The pound slid further after recent warnings about Britain’s tax cut plans. The US dollar index rose by about 0.5% to a new record level at …