Tag Archives: Euro

The US dollar rose to the highest level in a week against a basket of major currencies on Tuesday, December 14, supported by expectations of tightening from the US Federal Reserve at its meeting this week and the demand for safe havens amid continued uncertainty about the Omicron pivot from …

The euro failed to stabilize for a long time above the psychological barrier of 1.1300 to start its daily trading on a bearish slope and start pressing on the key demand area 1.1260. Technically, and by looking at the 4-hour chart, we notice that the RSI is losing its bullish …

The dollar index held onto modest gains by late US trading session on Monday but was well off its highs as Treasury yields slid in the face of falling stocks, while Omicron uncertainties and Fed event risks also loomed over markets.Omicron fears increased after the WHO said the variant poses …

Speaking to Dubai TV, Monday, Mohamed Hashad, Director of Research and Development at Noor Capital and member of the American Association of Professional Technical Analysts highlighted major developments in the financial markets this week The US Federal ReserveAsked whether the US Federal Reserve Bank might decide six interest rate hikes …

Next Thursday’s European Central Bank meeting is expected to be crucial as officials are set to call time on pandemic-triggered stimulus. The question now is how much support to leave in its place given the emergence of the Omicron COVID-19 variant and hot inflation data. The five questions on the …

The dollar rose in early European trading on Monday at the start of a week that includes several central bank meetings, including the Federal Reserve. At the same time, concerns remain about the omicron mutating from Covid. The dollar index, which measures the greenback against a basket of six other …

The single European currency found a solid support floor around the main key published in the previous analysis, at 1.1260, Technically, the pair’s movements are witnessing stability above 1.1260, and the simple moving averages returned to hold the price from below, accompanied by some positive signs from the stochastic indicator. …

Traders await a very big week witnessing major regular monetary policymaking meetings by both the US Federal Reserve and the European Central Bank to decide the direction of their future monetary policy.Financial markets closely follow the upcoming outcomes of those two meetings, as they can turn out to be real …

We remained neutral during the previous report due to the conflicting technical signals, clarifying that the price should be monitored below at 1.1260 and above at the main demand point 1.1380. Technically, the current movements of the euro are witnessing stability below 1.1330, the resistance of the descending price channel …

Based on a Reuters poll, experts said that the US Federal Reserve will raise interest rates in the third quarter of the next year 2022, earlier than expected (in the fourth quarter) a month ago. Experts believe that the reason for this early change of the US Federal Reserve is …