Tag Archives: dollar

Japan’s Nikkei recorded its worst week in nearly three months on Friday, while ending the day flat, and was pressured by fears of aggressive rate hikes globally, while a weak yen provided little support. The Nikkei closed down 0.04 percent to 27,650.84 points, and recorded a weekly decline of 3.4 …

Oil, Crude, trading

Positive trading continued to dominate the movements of the Canadian dollar during the previous trading session, touching the bullish target required to be touched at 1.3210, recording its highest at 1.3210. Technically, the current movements are witnessing a bearish tendency after the pair failed to maintain stability for a long …

Oil, Crude, trading

US crude oil futures prices could continue achieving the bearish targets as we expected, bypassing the official price target station of 86.50 to record the lowest level at 85.97. On the technical side, the current movements are witnessing a bullish trend, as a result of the price gaining positive momentum …

After several consecutive sessions in which we committed ourselves to neutrality due to conflicting technical signals and trading within a narrow sideways range between 0.9980 and 1.0050, and after several attempts by the euro to consolidate against the dollar, yesterday’s trading witnessed a bearish tendency. We pointed out that breaking …

The dollar rose broadly on Thursday, September 1st, especially against the yen, as investors geared up to get higher interest rates in the US, while not expecting Japanese rates to move. The dollar hit a 24-year high of 139.69 against the yen in early Asian trade, up 0.5% from yesterday’s …

European shares started September sharply lower, as concerns about sharp increases in interest rates and record inflation rates in the region pushed the STOCK 600 index to its lowest level in seven weeks Thursday 1 September. The European index fell for the fifth consecutive day, falling 0.8% by 0715 GMT. …

Japan’s Nikkei hit its lowest closing level in a month on Thursday, weighed down by losses in chip-related stocks after Nvidia was hit overnight by a US order to halt sales of the top artificial intelligence chip maker to China. The Nikkei fell 1.53 percent to close at 27,661.47 points, …

Oil, Crude, trading