Tag Archives: Euro

Japan’s Nikkei hit its lowest closing level in a month on Thursday, weighed down by losses in chip-related stocks after Nvidia was hit overnight by a US order to halt sales of the top artificial intelligence chip maker to China. The Nikkei fell 1.53 percent to close at 27,661.47 points, …

We adhered to intraday neutrality during the previous report due to the conflicting technical signals, in addition to trading within a narrow range from above 0.9980 and below 1.0040, to see the euro tried to form a bullish attack during the last session’s trading, explaining that consolidation above the extended …

The euro slipped back below par against the dollar on Wednesday. They extended its decline for the third consecutive month as the deepening energy crisis fuels recession fears, while the European Central Bank pushes ahead with interest rate hikes. Russia on Wednesday halted gas supplies from the Nord Stream 1 …

The euro slipped back below par against the dollar on Wednesday. They extended its decline for the third consecutive month as the deepening energy crisis fuels recession fears, while the European Central Bank pushes ahead with interest rate hikes. Russia on Wednesday halted gas supplies from the Nord Stream 1 …

The annualized Eurozone Harmonised Index of Consumer Prices (HICP) rose by 9.1% in August vs. July’s 8.9%, the latest data published by Eurostat showed on Wednesday. The market forecast was for a 9.0% print. The core figures jumped to 4.3% YoY in August when compared to 4.1% expectations and 4.0% …

European shares rose on Wednesday, boosted by the strong performance of technology shares after a three-day sell-off, with inflation data in the region due for release during the session. The pan-European Stoxx 600 index rose 0.4% by 0716 GMT after three consecutive days of losses, but the index is heading …

Japanese stocks gained for the second consecutive month on Wednesday, even as the two major indexes closed lower on Wednesday, weighed down by losses from technology and energy blue-chip companies and Wall Street’s decline. The Nikkei index fell 0.37 percent to 28,091.53 points, while the broader Topix index fell 0.27 …

Sideways trades tended to be positive, but weakly positive, within attempts throughout the second session in a row to breach the strong resistance level 1.0050/1.0045, unable to penetrate it until now, confined from below above 0.9980 and from above below 1.0050. From the angle of technical analysis today, we find …

European shares rallied on Tuesday following a two-day sell-off with the banking sector supporting equities. However, concerns over a mounting energy crisis, interest rate hikes and an impending recession capped gains. The pan-European Stoxx 600 index rose 0.4 percent, after declining about 2.5 percent in the previous two sessions, on …

The Japanese Nikkei index ended trading on Tuesday, up more than one percent, led by major technology companies, as the benchmark index rebounded after reaching its lowest level in two weeks in the previous session. The Nikkei rose 1.14 percent to close at 28,195.58 points, while the broader Topix index …