Tag Archives: dollar

The euro continues to bleed losses against the US dollar, as we expected during the technical report issued yesterday, heading to touch the target price station at 0.9940, recording its lowest level during the morning session of today’s session 0.9925. Technically, the pair is trading around pivotal areas that must …

The Euro is under pressure as Russia to halt gas supplies, while the Chinese Yuan dips to nearly 2-year low as PBOC eases policy again. The U.S. dollar rose across the board on Monday, briefly driving the euro back below parity, as investors shied away from riskier assets amid growing …

Japanese stocks closed lower on Monday as technology heavyweights led the decline after Wall Street slumped amid rising bond yields at the end of last week. The Nikkei index fell 0.47 percent to 28,794.50 points, recouping some of its losses in early trading on the impact of China’s cut interest …

Oil, Crude, trading

The Canadian dollar succeeded in achieving noticeable increases during the last trading sessions of last week, within the expected positive outlook, touching our first target of 1.2960 and heading to visit the second target of 1.3000, recording the highest level at 1.3010. Technically, the pair established a support floor around …

Oil, Crude, trading

US crude oil futures prices achieved the upside, as we expected at the end of last week’s trading, touching the required price station at 92.00, recording its highest level last Friday of $92.08 per barrel. Technically, and with careful consideration on the 4-hour chart, oil prices found strong resistance at …

A strong bearish trend dominated the movements of the euro against the US dollar at the end of last week’s trading, within the expected negative outlook, heading to touch the official price target station at 1.0040, recording the lowest level at 1.0023. Today’s technical outlook indicates the possibility of resuming …

European shares fell on Friday, heading for a weekly loss on fears that monetary policy tightening, inflationary pressures and an energy crisis could push the global economy into recession. The pan-European Stoxx 600 index was down 0.3 percent by 0721 GMT. Travel stocks led the declines. Among the stocks that …

Japanese stocks gave up their gains and closed flat on Friday with the decliners that led the rally recently, while investors awaited a seminar by the Federal Reserve next week. The Japanese Nikkei index closed down 0.4 percent at 28,930.33 points. It had opened with an increase of 0.53 percent …