Tag Archives: Euro

European stocks fell on Wednesday as investors awaited an important report on inflation in the United States scheduled to be issued later on Wednesday, searching for clues about the path of US interest rates. The European STOXX 600 index fell 0.5 percent by 0707 GMT, with the interest rate-sensitive technology …

The movements of the EUR/USD pair did not significantly change during the previous trading session, with the continuation of the side range confined from the bottom above 1.0700 and from the top below 1.0790. On the technical side today, with a closer look at the 4-hour time frame chart, we …

Calm trading that tended to be positive dominated the movements of the EURUSD pair at the beginning of this week’s trading, starting with an upward trend, attacking the 1.0750 resistance level, recording its highest level at 1.0769. On the technical side today, with a closer look at the 4-hour time …

European stocks rose on Monday as investors awaited US inflation data as well as a monetary policy decision from the European Central Bank later in the week for further indications on the path of global interest rates. The European STOXX 600 index rose 0.6 percent by 0712 GMT, after falling …

Limited side trading dominated the euro’s movements against the US dollar at the end of last week’s trading within a bearish context, concluding its trading around the psychological barrier of 1.0700. Technically, and with a closer look at the 4-hour time frame chart, we find that the simple moving averages …

European stocks rose slightly on Friday, with investors snapping up shares in luxury goods and technology companies that fell sharply after a wide range of concerns, including the possibility of continued high US interest rates and a slowdown in the European economy, negatively affected sentiment this week. The European STOXX …

Yesterday, the euro began to pressure the psychological barrier support level at 1.0700, recording its lowest level at 1.0686 within the gradual downward path. On the technical side today, we find that the simple moving averages are still pressuring the price from above, and the 50-day moving average meets around …

European stocks fell for the seventh consecutive session on Thursday, heading towards the longest losing streak in more than five years, affected by fears of a slowdown in the European economy and keeping US interest rates high. By 0714 GMT, the European STOXX 600 index fell 0.4 percent, hitting its …

The Nasdaq index reached the official target to be achieved yesterday, which was at 15,400, recording its lowest level at 15,395. Technically, we are leaning towards negativity in our trading, but with caution, relying on the clear negative signals on the 14-day momentum indicator on short time frames and trading …

On Wednesday, the US dollar (USD) is causing traders to lose their bearings. During morning European trading hours, when the Greenback was trading more subduedly, the Euro was the talk of the town. The European currency quickly rose in value as a result of the hawkish remarks made by two …