Tag Archives: Euro

European stocks retreated from three-month highs on Monday, led by declines in energy, retail and mining stocks after widespread protests in China over strict anti-COVID-19 restrictions triggered a sell-off in global markets. The STOXX 600 index of European shares fell 0.5 percent by 0802 GMT, after sharp declines in Asian …

Japan’s Nikkei fell for the second consecutive session on Monday as protests in China over tough restrictions to combat the coronavirus hurt investor sentiment, while technology stocks fell in line with their Wall Street peers. The Nikkei index ended the day’s trading down by 0.42 percent, at 28,162.83 points. It …

Quiet trading tended to be negative, dominating the movements of the euro-dollar pair at the end of last week’s trading during the Thanksgiving holiday, to witness the current movements of the euro-dollar stabilizing around the lowest level during the early trading of the current session 1.0350. Technically, by looking at …

European stocks fell on Friday as retailers came under pressure following the start of the holiday shopping season amid fears of a sharp slowdown in the global economy and a sharp rise in inflation. The Stoxx 600 index was down 0.1% by 0811 GMT, below a three-month high hit earlier …

Japan’s Nikkei average closed lower on Friday, after hitting a more than two-month high in the previous session, as investors sold shares of chip-related technology and growth companies to lock in gains. Still, losses were limited by hopes of a slowdown in rate hikes globally. The Nikkei index fell 0.35 …

The average monthly performance of the Euro against the US dollar for the last 20 years shows that the EUR/USD pair usually rises in December according to several economists. The last 20 Decembers are seen as perfect time for the EUR/USD to rise on 16 occasions out of the total …

European stocks opened little changed on Thursday, November 24th, after the minutes of the Federal Reserve meeting indicated a moderation in the pace of interest rate hikes and while investors await new indications from the European Central Bank. The Stoxx 600 index of European shares fell 0.03% amid low trading …

The US dollar fell Thursday, November 24, as investors flocked to risky assets after expectations of a slowdown in the rate hike in the US. The upcoming minutes of the Fed’s Monetary Policy Committee meeting, which was held on the first and second of November, revealed that officials are very …

Japan’s Nikkei index ended Thursday’s trading at its highest level in more than two months, tracking Wall Street, which posted overnight gains on hopes that the Federal Reserve will slow the pace of interest rate hikes. The Nikkei index closed up 0.95 percent at 28,383.09 points, the highest level since …

A positive trading session that witnessed the movements of the Euro-dollar pair within the expected bullish path during the last analysis, explaining that the breach to the upside and the consolidation above the resistance level of 1.0350 is a motivating factor that enhances the chances of touching our required target …