Tag Archives: Euro

European shares fell on Wednesday, quickly giving up gains at the open, as a 6% drop in Credit Suisse shares after an earnings warning put pressure on the banking sector, while metal prices also pressured mining stocks. The pan-European Stoxx 600 index fell 0.1 percent, after rising at the opening …

The technical outlook is unchanged, and the Euro did not change much, maintaining the bearish context against the US dollar, to pressure the strong support level at 1.0670. Technically, and by carefully looking at the 4-hour chart, we find the pair stable below the minor resistance of 1.0730, and we …

The dollar rose to its highest level in two weeks, supported by rising US bond yields, which pushed the Japanese yen to its lowest level in more than 20 years against the dollar. The yen fell to 133 yen against the dollar, a level previously highlighted as a trigger for …

The technical outlook is unchanged, and the Euro did not change much, maintaining the bearish context against the US dollar, to pressure the strong support level at 1.0670. Technically, and by carefully looking at the 4-hour chart, we find the pair stable below the minor resistance of 1.0730, and we …

The euro rose on Monday as risk appetite increased as investors awaited the European Central Bank’s Monetary Policy Committee meeting later this week. The single European currency rose 0.2 percent against the dollar to $ 1.074. The euro recently rose against the dollar after increasing government bond yields amid expectations …

The bearish tendency regained control over the euro’s movements against the US dollar to start its first weekly trading, quietly declining to the downside, stable around its lowest level during the morning trading of the current session, 1.0725. Technically, and by looking at the 4-hour chart, we find the pair …

European shares opened higher on Friday as investors awaited US non-farm payrolls data to place bets on the central bank’s tightening of monetary policy while also bracing for any change in the European Central’s stance at its meeting next week. The pan-European Stoxx 600 index saw broad gains in its …

The dollar fell on Friday as risk appetite increased ahead of US jobs data due later on Friday. Trading witnessed a great calm today, Friday, with the London markets closed due to a public holiday. The dollar index fell 0.1 percent to 101.75 against a basket of other major currencies, …

The euro and the yen rose on Thursday, reversing a wave of recent losses incurred by the two currencies against the dollar, and the Swiss franc reached a one-month high against the euro after inflation in Switzerland climbed to a 14-year high. In Asian trading, the dollar rose to a …

The single European currency declined during the previous session’s trading within the expected bearish path during the last analysis, in which we relied on breaking 1.0670, heading towards touching the first required target at 1.0625, recording its lowest level at 1.0627. Technically, and by looking at the 4-hour chart, we …