The euro traded near 22-month lows on Tuesday as the war in Ukraine led to a pessimistic economic outlook for Europe, while currencies that had surged on a sharp increase in energy prices stalled after a weeks-long rally. Russia’s invasion of Ukraine has boosted demand for assets seen as safer, …
Read More »The Parity of The Euro And The Swiss Franc Amid Fears of Stagflation
The European single currency briefly fell below par with the Swiss franc for the first time in seven years on Monday and settled at a 22-month low against the US dollar as rising crude oil prices fueled fears that stagflation could sweep across Europe. The war in Ukraine and harsh …
Read More »The Ruble is Falling to Its Lowest Level Ever
The Russian ruble fell nearly 30 percent on Monday, the euro fell nearly 1 percent against the dollar, and demand for the Swiss franc, the Swiss franc and the Japanese yen increased as safe havens after Western countries imposed tough new sanctions on Russia after its invasion of Ukraine. Western …
Read More »The Ruble Hits a Record Low, And The Safe-Haven Currencies Rise After The Russian Invasion of Ukraine
The Russian ruble fell to a record low on Thursday, the euro sank to a multi-year low against the Swiss franc, while the Japanese yen jumped after Russian forces attacked Ukraine, firing missiles at several cities and landing troops on the country’s southern coast. Investors turned away from the Russian …
Read More »Dow Jones May Witness a Temporary Rise 23/2/2022
Oil, Crude, trading
Read More »CAD: Maintains Gradual Rise 23/2/2022
The Canadian dollar maintains positive stability within attempts to gradually rise, approaching a few points at the target of 1.2800, recording the highest at 1.2790. Technically, with the pair’s success in establishing a solid support floor in general above 1.2665 and the movement above the 50-day moving average, in addition …
Read More »GBP Needs to Monitor Price Behavior 23/2/2022
Oil, Crude, trading
Read More »Oil May Start a Bearish Correction 23/2/2022
Oil, Crude, trading
Read More »Euro Fails to Break The Pivotal Supply Level 23/2/2022
The technical outlook is unchanged, and the movements of the euro against the dollar did not change much after the failure to stabilize above the pivotal supply zone of 1.1380, the key to the bearish trend, to force the pair to approach the required target of 1.1265, recording its lowest …
Read More »Euro Volatility Index Rises as Ukraine Crisis Escalates
The euro’s one-month volatility jumped to a 15-month high on Tuesday, as the single currency was hurt by increased risk aversion amid rising gas prices and escalating tensions in Ukraine. Russian President Vladimir Putin ordered troops into two breakaway regions in Ukraine, sending the one-month euro volatility index to its …
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