Tag Archives: Euro

After several successive sessions of decline, the euro-dollar pair started its daily trading on an upward slope, attempting to take advantage of the support level of 1.0885 to witness the current movements stabilizing around its highest level during the morning trading at 1.0915. Technically, by looking at the 4-hour chart, …

European stocks opened higher on Monday, supported by the rise of energy stocks, with the rise in global oil prices, and the rise in health care stocks, thanks to the strong performance of the Danish pharmaceutical company, Novo Nordisk. The pan-European Stoxx 600 index was up 0.4 percent by 0712 …

The Eurodollar pair concluded its weekly trading on a bearish trend, recording its lowest level at the official target station at 1.0840, recording its lowest level at 1.0845. From the point of view of technical analysis today, the intraday trading of the euro against the US dollar is witnessing stability …

On Friday, August 18, European stocks opened lower and are on their way to record a weekly loss, as risk appetite was negatively affected by concerns about interest rates remaining high globally for a longer period, as well as concerns about the growth of the Chinese economy. And by 07:03 …

The single European currency continued its negative trading against the US dollar within the expected bearish context, gradually approaching the third expected target of 1.0840, recording its lowest level at 1.0855. On the technical side, the Euro found a good support ground around 1.0850, forcing it to achieve some limited …

European stocks fell on Thursday, pressured by a drop in BAE Systems after it agreed to buy the aerospace unit of Bull Corp, while minutes from the Federal Reserve’s July meeting weighed on sentiment as they raised concerns about interest rates staying higher for longer. By 0713 GMT, the pan-European …

Negative pressure is facing the euro-dollar pair within the expected bearish directional movement, touching the second official target to be achieved during the previous technical report, located at the price of 1.0885, recording its lowest level at 1.0861 during today’s morning trading. On the technical side today, and with a …

With surging Treasury yields and risk aversion, the US dollar keeps getting stronger. Nearing 103.50, the DXY index climbed to its highest point since June and extended its winning streak to five days. The momentum of the dollar is still strong notwithstanding this rebound.According to the FOMC minutes, several members …

European stocks opened lower on Wednesday, with miners exposed to China leading losses after weak economic data from Beijing, while British stocks were pressured by a larger-than-expected headline inflation reading. And by 0708 GMT, the pan-European Stoxx 600 index was down 0.2%, after closing at its lowest level in more …

Negative pressure is facing the euro-dollar pair within the expected bearish directional movement, touching the second official target to be achieved during the previous technical report, located at the price of 1.0885, recording its lowest level at 1.0861 during today’s morning trading. On the technical side today, and with a …