Tag Archives: Euro

The dollar stabilized on Friday after rising in the previous session, as traders analyzed a raft of central banks’ interest rate hikes and the possibility of continuing to raise borrowing costs for an extended period. And the euro settled against the dollar at 1.063 dollars. This came after falling 0.5 …

European stocks fell on Friday, heading for a weekly loss, after major central banks pledged to raise interest rates further to counter inflation, raising concerns about a global economic slowdown next year. The European Stoxx 600 index fell 0.2 percent to a new low, the lowest in a month, at …

Japan’s Nikkei index closed at its lowest level in more than a month on Friday, tracing sharp declines on Wall Street overnight, as major central bank decisions to raise interest rates stoked fears of an economic slowdown. The Nikkei closed down by 1.87 percent, recording 27,527.12 points, the lowest closing …

European stocks fell on Thursday as investors anxiously awaited the European Central Bank’s interest rate decision, a day after the US Federal Reserve hinted it would continue to raise interest rates. The pan-European Stoxx 600 index was down 0.9 percent at 0810 GMT. The European Central Bank is widely expected …

The EUR/USD pair continues its attempts to rise within the gradually ascending path, as we expected, recording its highest level during the previous session’s dealings, near the psychological barrier of 1.0700. On the technical side today, and with a closer look at the 240-minute chart, we notice that the pair …

The dollar traded near its weakest levels in months against the euro and the pound sterling on Wednesday, after falling overnight on pressure from softer-than-expected inflation data that raised bets that the Federal Reserve will slow the pace of interest rate hikes. After raising interest rates four times in a …

Japan’s Nikkei average closed at a two-week high on Wednesday, tracking Wall Street’s gains as lower-than-expected US inflation data reinforced expectations that the Federal Reserve may ease the pace of interest rate hikes. The Nikkei rose 0.72% to 28,156.21, its highest close since December 1. The broader Topix index rose …

A noticeable surge for the euro-dollar pair yesterday, for the euro to take advantage of the weakness of the US dollar after the inflation data, and as a reminder, we preferred to monitor the price behavior of the pair waiting for trading orders to be activated, explaining that activating purchase …

European stocks rose on Tuesday as investors hoped that US inflation data due for release later in the day would allow the Federal Reserve to slow the pace of interest rate hikes. The pan-European Stoxx 600 index was up 0.1 percent by 0812 GMT. Technology stocks led the index, rising …

Japan’s Nikkei rose on Tuesday, briefly crossing the 28,000-point mark for the second time this month, as investors prepare for US inflation data and the Federal Reserve’s monetary policy decision. The Nikkei closed up 0.4 percent at 27954.85, after reaching its highest level since December 1st at 28116.56, but then …