Tag Archives: dollar

The single European currency was able to achieve the target required to be touched during the technical analysis of yesterday’s session, which is located at the price of 1.0990, recording its lowest price during the Asian session of the current session at 1.0981. Technically, today, and with a careful study …

The dollar fell against other major currencies as investors awaited comments from Federal Reserve Chairman Jerome Powell later on Monday, and other central bank policymakers this week for clues on monetary policy. Currency markets have been turbulent over the past month due to the financial fallout from Russia’s invasion of …

The Japanese yen extended its decline on Monday as traders focused on a series of public statements by central bank policy makers globally this week including Federal Reserve Chairman Jay Powell later on Monday. The dollar rose slightly against the Japanese yen, as high as 119.3 yen, defying a six-year …

Oil, Crude, trading

Negative trading dominated the movements of the Canadian dollar at the end of the week’s trading, recording its lowest level around 1.2588 after it failed to maintain trading above the 1.2670 level. Technically, we find that the 14-day momentum indicator is trying to provide positive signals accompanied by the stability …

Oil, Crude, trading

The EUR/USD ended its weekly trading below the psychological resistance level of 1.1100, which forced it to trade within the general bearish trend again. On the technical side today, looking at the 4-hour chart, we notice the continuation of the negative pressure coming from the 50-day simple moving average, which …

The euro fell on Friday but was on track for its biggest weekly gain in six weeks as traders breathed a sigh of relief after Russia avoided defaulting on dollar-denominated debt and markets digested the broader impact of the start of the US interest rate hike cycle. The euro slipped …

The euro gave up some of its gains on Thursday as investors closely watched any developments in talks between Russia and Ukraine, while monetary policy decisions by the US central bank failed to impact the market as expectations of a rate hike were high. The euro rose 0.05 percent to …

The dollar index fell against the major currencies during Wednesday’s trading before the Federal Reserve’s decision, while the US currency traded near a 5-year high against the yen. The US central bank is expected to implement its first rate hike since 2018 later in the day amid uncertainty over the …