Tag Archives: dollar

Market Update: Dollar Weakens, Euro and Pound Strengthen The US Dollar continued its downward trend on Tuesday, November 19th, as the initial enthusiasm for the Trump rally seems to have waned. This potential temporary dip could lead to another “buy the dip” opportunity. Key Events and Economic Data: US Dollar: …

European shares slipped on Monday, marking further losses in the wake of recent setbacks. The STOXX 600 index dropped 0.2% by 0909 GMT, extending concerns from a four-week losing streak. This decline, the longest in 2.5 years, was fueled by disappointing earnings, rising Treasury yields, and uncertainty over U.S. President-elect …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

US crude oil futures experienced sharp declines at the start of the week, bottoming out at $66.84 per barrel. From a technical standpoint, the 4-hour chart reveals that oil prices have decisively broken below the support level of $68.65. The persistent downward pressure from the simple moving averages continues to …

The US dollar continues to exert downward pressure on the euro, hitting the first official target highlighted in the previous technical report at 1.0510, with a recorded low of 1.0515. From a technical standpoint, and based on a closer analysis of the 4-hour chart, the pair remains stable below the …

The pan-European STOXX 600 index dropped 0.5% on Friday, heading toward its fourth consecutive weekly decline as technology and healthcare stocks led the losses. The index remained close to a three-month low, reflecting a week of negative sentiment and disappointing sector performance. The technology sub-index fell by 1.7%, with chipmaker …

European stock markets showed mixed results on Thursday as investors processed a wave of corporate earnings reports and key regional economic data. By early morning trade, Germany’s DAX index climbed 0.6%, while France’s CAC 40 gained 0.2%. In contrast, the UK’s FTSE 100 edged down by 0.1%. Eurozone Growth and …

Oil, Crude, trading