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
Read More »Euro touches the required goals 23/6/2022
The strong support level published during the previous analysis at 1.0470 pushed the price to the upside, as we expected, for the euro to reach the required targets at 1.0550 and 1.0580, recording the highest around the psychological edge of 1.0605. Technically, we find the intraday movements of the euro …
Read More »The euro and the pound fell on concerns about global growth
The Euro and the British Pound fell on Wednesday as concerns returned that interest rate hikes by major central banks to contain inflation threatened to sharply slow global growth or even trigger a recession. Data showed that consumer price inflation in Britain reached its highest level in 40 years at …
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