Tag Archives: Euro

European shares opened lower on Wednesday as mining and energy companies led the losses as investors remained concerned about the outlook for demand in the wake of weak trade data from China. The European oil and gas index was down 2.2 percent by 0720 GMT, while the mining index lost …

Japanese stocks fell on Wednesday as continued investor fears about an economic slowdown outweighed the strong performance of exporters’ shares, which rose on the yen’s fall. The Nikkei index fell 0.71 percent, tracking losses overnight on Wall Street, as the three major indexes fell after the US services sector report …

Mixed trading dominated the movements of the euro against the US dollar, to witness a bearish tendency during the middle of the European session, after it succeeded in pressing the support level of 0.9900 to see a decline near 0.9875, taking advantage of the mentioned level that forced it to …

The European markets cautiously surged on Tuesday as investors continued to assess recession risks in the continent. The pan-European Stoxx 600 added 0.5% by mid-afternoon, with retail stocks climbing 2.8% to lead gains as most sectors nudged into positive territory.Oil and gas stocks were the most obvious as they were …

The Japanese yen, sensitive to interest rate moves, continued to decline on Tuesday, breaking the 142 barrier against the dollar, while the pound and the euro tried to recover from multi-year lows against the dollar the day before, but the euro failed to do so. The dollar rose 1.07 percent …

European shares rose on Tuesday, after a difficult start to the week as concerns about a looming energy crisis and recession weighed on risk appetite. The Stoxx 600 index rose 0.5%, moments after the start of trading, and is heading to recover from a loss of 0.6% in the previous …

The dollar held a breath on Tuesday after a sharp rally. Still, it hit a 24-year high against the interest rate-sensitive Japanese yen, as US monetary policy tightens and the gap with low-interest rates in Japan widens. The yen plunged to 140.97 per dollar, its lowest level since 1998, and …

Japan’s Nikkei on Tuesday halted a four-session losing streak as investors returned to buy shares, buoyed by gains in Fast Retailer stock. The Nikkei index rose 0.02 percent to 27626.51 points after falling to negative territory for moments, while the broader Topix index fell slightly by 0.11 percent to 1926.58 …

Quiet trading tilted to the positive during the US market holiday yesterday as EUR found a strong support level around 0.9900, which forced it to rise to retest 0.9970 gradually. Technically and carefully considering the 240-minute chart, we find the euro is struggling to stabilize above the 0.9920 support level …

A European Commission spokesman said on Monday that Russia could pump more gas to Europe via other routes after the Nord Stream 1 pipeline was shut down, but Moscow chose not to. “If there is a technical problem that hinders supplies via Nord Stream 1, it is possible, if there …