The US dollar fell against major currencies on Friday, on track for its first weekly loss this month, as investors continue to assess Federal Reserve policy and whether large interest rate increases will lead to a recession. The safe-haven US currency also lost support amid improving market sentiment, rising regional …
Read More »European shares rise, supported by utilities at the end of a turbulent week
European shares rose on Friday, boosted by the utilities and healthcare sectors after hitting their lowest level in 2022, as investors turned to safer bets amid growing fears of tight monetary policies and rising inflation that could result in a global recession. At the end of a week that witnessed …
Read More »Japan shares rise, supported by the technology sector
Japanese stocks rose on Friday, with the technology sector leading the gains following big gains on Wall Street in the evening, and sentiment was supported by the Bank of Japan’s accommodative monetary policies. The Nikkei index rose 1.23 percent to 2,6419.97 points at the close. The index achieved a weekly …
Read More »Euro falls after weak PMI data
The euro fell broadly on Thursday after weak PMI data in Germany and France underlined the difficulties facing the euro-zone economy, prompting investors to lower their bets on a massive interest rate hike by the European Central Bank. A preliminary survey on Thursday showed that the German economy, Europe’s largest, …
Read More »Euro falls after weak PMI data
The euro fell broadly on Thursday after weak PMI data in Germany and France underlined the difficulties facing the euro-zone economy, prompting investors to lower their bets on a massive interest rate hike by the European Central Bank. A preliminary survey on Thursday showed that the German economy, Europe’s largest, …
Read More »European stocks fall as oil and metal losses continue
European shares fell on Thursday, dragged down by the decline in energy and mining shares due to lower commodity prices, amid fears of slowing economic growth, while heavy demand from traders stimulated big moves in stocks. The pan-European Stoxx 600 index was down 1.1 percent by 0724 GMT, with oil …
Read More »Japanese shares end the day’s trading without any change
Japanese stocks ended stable Thursday trading after a turbulent session in which investors were affected by recession fears. The Nikkei index rose 0.08 percent to 26,171.25 points at the close, continuing to trade higher than the psychological level at 26 thousand points, after falling to 25,520.23 points on Monday. The …
Read More »Dow Jones continues to achieve bearish targets 23/6/2022
Oil, Crude, trading
Read More »CAD: maintains the same technical conditions 23/6/2022
The technical outlook is unchanged and the movements of the Canadian dollar did not change much, maintaining the negative stability below the resistance level of the psychological barrier of 1.3000. Technically, by looking at the 240-minute chart, the pair is still stable below the resistance level of the psychological barrier …
Read More »GBP: repeats attempts to rise 23/6/2022
Oil, Crude, trading
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