Tag Archives: dollar

The pan-European STOXX 600 index fell for the third consecutive session on Monday on fears of an economic slowdown. However, Italian stocks gained after the victory of the right-wing coalition led by Georgia Meloni in the country’s general elections. The index fell 0.3 percent by 0713 GMT, extending its losses …

Japanese stocks closed lower on Monday as investors returned from a long weekend to markets affected by the Japanese authorities’ intervention to support the currency, the collapse of the British pound and increasing recession fears. The Nikkei index fell at close 2.66 percent to 26431.55 points, after falling to 26,424.60, …

European shares fell at the open on Friday after major central bank actions during the week, including signals from the Federal Reserve that it will continue to raise interest rates, while Credit Suisse shares fell after asking for money from investors. The pan-European Stoxx 600 index was down 0.2 percent …

Oil, Crude, trading

The Canadian dollar continues its attempts to maintain the bullish path after it retested the strong support floor located at 1.3400, forcing it to rebound to the upside once again within the expected bullish context. From the technical analysis point of view, we tend to rise cautiously, relying on the …

Oil, Crude, trading

Negative trading has regained control over the price movements of US crude oil futures after it failed to stabilize for a long time above the 85.00 barriers, recording its lowest level at 82.45. Technically, by looking at the chart, we find the simple moving averages continuing the negative pressure on …

The resistance levels published during the previous analysis, at 0.9900, managed to limit the temporary rise witnessed by the EUR/USD pair yesterday, to return to trading negatively within the expected bearish path. On the technical side, and carefully looking at the 240-minute chart, we find a bearish technical structure that …

The Japanese yen rose sharply Thursday, September 22, after authorities intervened in the foreign exchange market for the first time since 1998 to prop up the tumbling currency. The dollar fell to 140.31 yen, and fell in the last trading 1.2% to 142.37 in highly volatile transactions. The yen also …

European shares started lower on Thursday, with technology shares leading the decline, after the US Federal Reserve announced another big increase in interest rates and signaled further increases in its battle to contain rising inflation. The Stoxx 600 index fell 1.5 percent by 0707 GMT, and the German DAX lost …