On Monday, the US dollar returned to a one-year high hit last week as rising inflation expectations and rising bond yields added to its appeal against its rivals, with the New Zealand dollar falling off-trend thanks to strong data, and US Treasury yields boosting Monday, continuing the trend in recent …
Read More »The Dollar Rises on Fears of Interest Rates
The dollar rose on Monday after weak economic data in China and a rise in oil prices worried investors that inflation would raise interest rates. In the Asian session, the dollar rose slightly, tracking US bond yields, halting the decline it suffered last week. It rose about 0.2 percent against …
Read More »The US dollar is Heading For Its First weekly Decline in a Month
The dollar is heading for its first weekly decline against its major peers since the beginning of last month, retreating from a one-year high as traders turned their attention to when the US Federal Reserve will start raising interest rates. The DXY dollar index, which measures the greenback against six …
Read More »The Canadian Continues to Negative
The Canadian dollar maintains the bearish path as expected, touching our awaited target during the previous trading session at 1.2365, recording its lowest level at 1.2350. Technically, with the stability of trading below the previously broken support-into-resistance at 1.2420, in addition to the continuation of the negative pressure coming from …
Read More »The Pound Sterling Touches Goal
Oil, Crude, trading
Read More »Oil Breaks Through Resistance
Oil, Crude, trading
Read More »The Euro is Trying to Beat The US Dollar
The single European currency tried to advance after the bullish bias against the dollar within the bullish corrective path, recording a high of 1.1624 and maintaining its intraday movements above the 1.1600 barrier. Technically, and by looking at the 240-minute chart, we notice clear positive crossover signs on the stochastic …
Read More »The Dollar Falls to Its Lowest Level in 9 Days
The dollar hit a 9-day low against major currencies, reversing its recent rally, while the British pound, Australian, and New Zealand dollars advanced. The dollar rose in September and since the beginning of October on expectations that the US central bank will tighten monetary policy faster than expected, but it …
Read More »The Canadian is Waiting For a Further Decline
Negative trading dominated the movements of the Canadian dollar for several sessions in a row after it failed to settle above the 1.2500 resistance level, which forced the pair to settle below 1.2460. Technically, with the pair’s failure to maintain trading above 1.2460 and the negative pressure of the 50-day …
Read More »The British pound Hits The Target
Oil, Crude, trading
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