Tag Archives: Euro

Japanese stocks closed lower on Monday as technology heavyweights led the decline after Wall Street slumped amid rising bond yields at the end of last week. The Nikkei index fell 0.47 percent to 28,794.50 points, recouping some of its losses in early trading on the impact of China’s cut interest …

A strong bearish trend dominated the movements of the euro against the US dollar at the end of last week’s trading, within the expected negative outlook, heading to touch the official price target station at 1.0040, recording the lowest level at 1.0023. Today’s technical outlook indicates the possibility of resuming …

European shares fell on Friday, heading for a weekly loss on fears that monetary policy tightening, inflationary pressures and an energy crisis could push the global economy into recession. The pan-European Stoxx 600 index was down 0.3 percent by 0721 GMT. Travel stocks led the declines. Among the stocks that …

Japanese stocks gave up their gains and closed flat on Friday with the decliners that led the rally recently, while investors awaited a seminar by the Federal Reserve next week. The Japanese Nikkei index closed down 0.4 percent at 28,930.33 points. It had opened with an increase of 0.53 percent …

A bearish trend dominated the movements of the Euro against the US dollar, as we expected during the technical outlook yesterday, touching the official target station at 1.0100, to record the lowest level at 1.0070 during the early trading of today’s session. Technically, the Euro failed to maintain trading above …

The US dollar has strengthened all along US trading hours as best performer. Market players assessed several encouraging US macroeconomic readings that suggest the economy has a good chance to avoid recession, despite technically being in.Economic DataEconomic data refers to Initial Jobless Claims declining to 250,000, below expectations, Philly Fed …

The EUR/USD pair is under pressure. The EUR/USD pair sharply dropped during the US session and is obviously facing increasing bearish pressure near a critical support at 1.0110. A break below 1.0100 would bring about parity.On Thursday, the pair touched the 1.0107 level which is, in fact, the lowest level …

European shares fell in choppy trading on Thursday after a member of the European Central Bank’s board of directors hinted at another big interest rate hike next month even as recession risks intensified, with inflation data for July due later on Thursday awaiting. The pan-European Stoxx 600 index fell 0.1 …

Japanese stocks fell in tandem with their Asian counterparts on Thursday as investors analyzed the Federal Reserve meeting minutes, awaiting an upcoming seminar to assess whether the US central bank will ease its tight monetary policy. The Japanese Nikkei index fell 0.91 percent at the open and hovered at this …

Quiet trading dominated the movements of the Euro against the US dollar within the idea of ​​retesting the resistance, as we expected yesterday, touching the target of the first retest 1.0200, recording the highest level at 1.0203. Technically, and by looking at the chart, we find the intraday movements of …