The dollar floated to the bottom of its range recently today, Tuesday, following weaker than expected US data and the Fed officials’ insistence again that policy will not change to subside investor fears that inflation will lead the central bank to raise interest rates. The sterling rose to return to …
Read More »Oil Prices Jump More Than 3% as Fears of Resuming Iran’s Exports Subside
Oil, Crude, trading
Read More »Canadian Dollar Maintains Same Technical Conditions
The technical outlook remains unchanged, and the pair’s movements have not changed significantly within narrow-range sideways trades that tend to be negative, controlling the movements of the US dollar against its Canadian counterpart, capped between 1.2030 and 1.2100. In terms of technical analysis today, trading remains below 1.2090 supports negativity …
Read More »Pound Retested Support
Oil, Crude, trading
Read More »Crude Oil Maximizes Its Gains
Oil, Crude, trading
Read More »Euro Maintains Bullish Bias
Quiet trading dominated the movements of the euro against the US dollar, but trading tended to be positive within the awaited bullish context touching the first target required to be achieved in the previous analysis, located at 1.2230, to record its highest level at 1.2231. Technically speaking, and with a …
Read More »Dollar Stuck Near 3-Month Low, And Bitcoin Facing Difficulties
The dollar settled near its lowest level in three months against a basket of major currencies on Monday, with riskier currencies continuing to benefit from bets on a strong recovery in the global economy. The dollar index hovered around the 90 level, down 0.2% and close to its three-month low …
Read More »Canadian Dollar Waiting For a New Signal
Narrow-range sideways trades tend to be negative, dominating the movements of the US dollar against its Canadian counterpart, crammed from the bottom above 1.2030 and from above below 1.2100. In terms of technical analysis today, trading remains below 1.2090 supports negativity accompanied by negative pressure coming from the simple moving …
Read More »Pound Faces Temporary Negative Pressure Against The Dollar
Oil, Crude, trading
Read More »Crude Oil Benefiting From The Support And Bouncing Back Up
Oil, Crude, trading
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