Tag Archives: dollar

Oil, Crude, trading

The single European currency started its first weekly trading, maintaining the negative stability, and the current movements of the pair are witnessing stability below the psychological barrier of 1.1600. Technically, by looking at the 4-hour chart, we notice the continuation of the apparent negative signs on the stochastic indicator, accompanied …

The dollar started the fourth quarter of 2021 near its highest levels in the year and is heading towards achieving its best weekly performance since June, as investors expect the Federal Reserve, which appears to be inclined towards monetary tightening, to raise interest rates at a faster pace than its …

The Canadian dollar found solid support around the 1.2630 level, which forced it to trade positively again within a bullish bounce that aimed to retest 1.2720. Technically, today, the current moves see the price stability above the 1.2660 support level at the 61.80% Fibonacci level. We also notice the positive …

Oil, Crude, trading

Oil, Crude, trading

The single European currency succeeded in achieving the official target of the current downside wave published during the last analysis, located at the price of 1.1600, to record its lowest level against the US dollar at 1.1562. Technically speaking, the 4-hour chart paints the regularity of the movement inside the …

The US dollar approached one-year highs against major currencies on Thursday amid expectations that the Federal Reserve will gradually scale back stimulus measures from November, while the commodity-linked Australian dollar benefited from higher iron ore prices. The dollar, which is considered a safe haven, made significant gains in the last …

The US dollar reached its highest level this year on Wednesday after rallying as US Treasury yields increased on investor fears that the Federal Reserve could begin withdrawing its policy support at a time when global growth is slowing. The euro fell to $1.1657, its lowest level from November 2020, …

The US dollar advanced for the third day in a row on Tuesday, boosted by a rise in Treasury yields ahead of a large number of Fed speakers this week who may confirm expectations to start reducing asset purchases before the end of the year, and the benchmark US 10-year …