Tag Archives: Euro

The US dollar pair continues to move in the downward trend as we expected after it found a strong resistance level around 1.0680, which forced the pair to trade negatively, approaching by a few points the target published in the previous report of 1.0550, recording its lowest level of 1.0570. …

In her speech prepared for delivery before the European Parliament’s Committee on Economic and Monetary Affairs, European Central Bank President Christine Lagarde noted that recent indicators point to a further weakness in the economic activity in the third quarter.Lagarde elaborated by noting a moderation in job creation in the services …

European stocks began trading in the last week of the third quarter of the year with a decline, as investors became concerned about the tendency for interest rates to remain high for a longer period, and the weakness of shares of companies exposed to China pressured the index. The European …

The technical outlook remains unchanged, and there has been no significant change in the pair’s movements. We notice the continued stability of the pair below the simple moving averages that support the continuation of the downward curve for prices, accompanied by clear negative signals on the Stochastic indicator on the …

European stocks fell on Friday and were heading to end a week full of central bank decisions on a lower note, while investor assessments concluded that borrowing costs are likely to remain high for some time. By 0709 GMT, the European Stoxx 600 index fell 0.6 percent after ending the …

Negative pressure continues to control the movements of the EUR/USD pair within the expected downward path, with the pair continuing the gradual decline downwards, recording its lowest level at 1.0617. The technical outlook remains unchanged, and there has been no significant change in the pair’s movements. We notice the continued …

European stocks fell on Thursday, tracking Wall Street, which suffered losses overnight, after the Federal Reserve signaled a longer rate hike and ahead of further interest rate decisions from the Swiss National Bank, the Riksbank, the Norwegian central bank and the Bank of England. The European STOXX 600 index fell …

For the second session in a row, the single European currency failed to stabilize for a long time by the resistance of the psychological barrier 1.0700, so it returned to trading negatively again within the expected bearish path during the previous technical report, touching the first official target 1.0630, recording …

Data from the European Automobile Manufacturers Association showed on Wednesday that for every five new cars sold in European Union countries during the month of August, more than one was fully electric, and sales of zero-emission cars more than doubled. The association said that fully electric models represented 21 percent …

European stocks rose on Wednesday ahead of the Federal Reserve’s interest rate decision later in the day, while British data showing inflation fell more than expected in August helped British stocks outperform their peers in the region. The European STOXX 600 index rose 0.3 percent after losses for two consecutive …