Tag Archives: dollar

The dollar stabilized as investors awaited a highly anticipated speech by US Federal Reserve Chairman Jerome Powell, while analysts now doubt that the central bank chief will hint at a possible date to start reducing asset purchases. The focus of the market this week is on the signals that the …

The dollar rose slightly in early European trade on Thursday but remained near a one-week low amid good risk appetite ahead of the Federal Reserve’s Jackson Hole keynote. the US Dollar Index, which measures the greenback against a basket of six other currencies, was up 0.1% at 92.930, after falling …

The technical outlook is unchanged, and the pair’s movements did not change significantly, maintaining the positive stability above the support level published in the previous analysis at 1.2580. Technically speaking, and by looking at the 60-minute chart, we find that the RSI started sending positive signals, accompanied by the pair’s …

Oil, Crude, trading

Oil, Crude, trading

Quiet sideways trading tends to be positive, which dominated the euro against the US dollar, within a gradual upward bias that aimed to retest the strong resistance level at 1.1770. Technically, the current movements of the euro are witnessing stability below 1.1770/1.1780, and with careful consideration of the chart, we …

The dollar hit its lowest level in nearly a week on Wednesday, August 25th against major counterparts, as concerns eased that the highly contagious delta strain of the Coronavirus may derail the global economic recovery. Risk appetite has improved in global markets since the US Food and Drug Administration granted …

The Canadian dollar succeeded in retesting the target published in the previous analysis, touching the required target located at 1.2580 to record the lowest price at 1.2577. Technically, and by looking at the 60-minute chart, we find that the RSI started sending positive signals, accompanied by the pair’s stability above …

Oil, Crude, trading

Oil, Crude, trading