Tag Archives: dollar

The Federal Reserve Bank of Dallas released Dallas Fed Manufacturing Index report. The report indicated that Dallas Fed Manufacturing Index declined from -15.1 in June to -17.5, compared to analyst forecast of -12.Production Index declined from 0.7 in June to -1.3 in July, while New Orders Index decreased from -1.3 …

European stock markets opened the week on a positive note, driven by gains in the oil sector amid concerns of a potential escalation in the Middle East and supported by a series of encouraging corporate earnings. Market OverviewThe pan-European STOXX 600 index rose 0.4% by 0713 GMT on Monday, continuing …

Several factors dominated market activity throughout last week, including economic data, developments in the US political landscape ahead of the 2024 presidential election, escalating geopolitical tensions in the Middle East amid the ongoing war in Gaza, and updates on the monetary policies of central banks in major economies. Economic Data …

European stocks exhibited a flat performance on Friday, reflecting a lack of clear direction as investors digested a diverse range of corporate earnings reports. The pan-European STOXX 600 index remained steady at 508.9 points by 0710 GMT, heading towards its second consecutive week of losses after hitting a two-month low …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

During the previous trading session, US crude oil futures encountered a psychological resistance barrier at $78.00, which dampened the upward momentum. From a technical perspective, today’s outlook leans toward negativity, supported by a bearish technical structure on the 4-hour chart and the simple moving averages indicating ongoing negative pressure from …

The euro continues to decline against the US dollar, adhering to the expected bearish trend after reaching the first target of 1.0840 as indicated in the latest report. Technically, the 240-minute chart reveals negative crossover signals from the simple moving averages, which support the likelihood of continuing the downward trend. …

Oil, Crude, trading