Tag Archives: dollar

The Japanese Nikkei index closed at its highest level in more than four months on Monday, as investors flocked to stocks of companies that announced strong expectations, while caution ahead of the US consumer price report limited gains. The Nikkei rose 0.26 percent to 28,249.24 points, its highest close since …

Oil, Crude, trading

The Canadian dollar showed some bullish bias during the last trading sessions of last week, after several consecutive sessions during which it did not show any movements, to retest the 1.2885 resistance level. Technically, we find the pair succeeded in stabilizing above 1.2885, the previously breached resistance, which is now …

Oil, Crude, trading

The single European currency ended its weekly trading with a decline with the rise of the US dollar, which received support from the positive US employment data, as the EUR/USD pair recorded as low as 1.0140. Technically, by carefully looking at the 240-minute chart, we notice the price stability below …

The US dollar rose on Friday, trying to recover losses after the biggest daily decline in more than two weeks, with traders’ focus shifting to US jobs data for more indications of the economy’s strength. The dollar index, which measures the performance of the US currency against a basket of …

European shares stabilized on Friday as eyes turned to US jobs data expected later. Investors assessed the Bank of England’s biggest rate hike in 27 years amid growing fears of a recession. By 0705 GMT, the pan-European Stoxx 600 index settled, amid fears of slowing growth in the world’s largest …

Oil, Crude, trading

The loonie’s movement has changed little and is still hovering below the pivotal resistance level 1.2880 that it has been unable to breach. Technically, we tend to the negativity, relying on the support of the 50-day simple moving average for the bearish bias, which is exerting negative pressure on the …

Oil, Crude, trading