Tag Archives: dollar

japanese-yen

Oil, Crude, trading

Mixed and predominantly negative trades characterized the movements of US crude oil futures, reaching a low of $67.74 per barrel, with current intraday stability around $69.50. From a technical perspective, the simple moving averages continue to exert downward pressure on the price from above. A closer look at the 4-hour …

After several consecutive sessions marked by a sideways price range confined between 1.0760 and 1.0800, the euro experienced a surge against the US dollar. This upward movement was supported by the decline of the dollar following the Federal Reserve Committee’s statement on stabilizing interest rates. From a technical perspective, the …

It indeed seems to be a busy week for central banks, with several major ones scheduled to report on their monetary policy decisions. The Federal Reserve (Fed) is set to lead the way with its two-day meeting starting on Wednesday, followed by the European Central Bank (ECB), Bank of England …

On Wednesday, European stocks navigated within a narrow range as investors exercised caution in making riskier bets ahead of the Federal Reserve’s decision on interest rates and the future trajectory of monetary policy. The European STOXX 600 index recorded a slight increase of 0.1 percent by 0810 GMT. This modest …

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar successfully reached the initially targeted level at 1.3540, establishing a robust support base that propelled the pair towards an upward rebound, testing the formidable resistance level at 1.3620. From a technical standpoint today, our trading sentiment leans towards positivity, underpinned by the price’s consolidation above the aforementioned …

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