Tag Archives: Euro

European stocks rose on Wednesday as risk appetite was supported by a batch of positive corporate earnings reports, with the index on track for its longest consecutive period of gains since November 2021. And by 0815 GMT, the European Stoxx 600 index rose 0.3 percent, supported by a rise in …

The EUR/USD pair achieved the first bullish target at 1.0870, recording its highest level at 1.0870, to hit a strong resistance level that forced it to trade in negativity. Technically, the resistance levels at 1.0870 constituted an obstacle in front of the pair. However, the current movements are witnessing stability …

The British pound rose on Tuesday after data showed that wage growth in Britain, which the Bank of England watches closely to determine the pace of interest rate hikes, accelerated again. The yen held near its highest levels in seven months, with investors holding their breath in anticipation of a …

European stocks stabilized on Tuesday, after investor fears of an economic slowdown after China recorded its weakest annual growth rate in nearly 50 years outweighed gains in industrial stocks. And by 0815 GMT, the European Stoxx 600 index was stable, after reaching a nine-month high in the previous session. Asian …

Movements tending to be positive were quiet during the US markets holiday, for the EUR/USD pair to benefit from the support level of 1.0780, trying to maintain the bullish context, as the current movements witness intraday stability above the psychological barrier of 1.0800. Technically, and by looking at the 240-minute …

The dollar started the week on the decline, hitting a seven-month low against a basket of major currencies in Asian trading, and the yen was in focus as traders increased bets on the Bank of Japan adjusting its policy to control its bond yields further. The euro hit a new …

European shares rallied on Monday, supported by gains in the healthcare sector that helped the main index extend its sizable gains so far into the new year, while Britain’s FTSE 100 hovered near a record high. The pan-European Stoxx 600 rose 0.1 percent in early trading, supported by a 0.8 …

Japan’s Nikkei index closed at its lowest in more than a week on Monday, as the yen’s rise weighed on exporters and investors bet that the Bank of Japan may have to adjust its stimulus policies this week at the earliest. The Nikkei closed Monday’s session down 1.14 percent to …

The yen continued to rise, supported by speculation that Japan might adjust its ultra-loose monetary policy, while the dollar approached its lowest level since June against major currencies. The Bank of Japan differs from most central banks in the world by sticking to stimulus while other banks raise interest rates, …

European stocks rose on Friday, approaching their highest levels in nine months, supported by the rise in health care stocks and the unexpected growth of the British economy in November, as investors awaited the results of the operations of major US banks. The European STOXX 600 index rose 0.2% by …