Tag Archives: Euro

Japan’s Nikkei index pared its losses on Thursday after hitting a near two-month low in a volatile session, after Swiss bank Credit Suisse announced plans to boost its cash position. This week witnessed sharp volatility in Japanese banks, which caused the Nikkei index to drop below 27,000 points for the …

Japanese banking stocks closed higher on Wednesday, helping the Nikkei index end a three-day losing streak, as markets regained some calm after investor fears of spillovers from the Silicon Valley bank collapse subsided. The Tokyo Stock Exchange’s banking index rose 3.3 percent, led by shares of Suruga and Shimane Banks, …

Narrow sideways trading that tends to be positively dominated the movements of the euro-dollar pair during the previous trading session, trying to breach the pivotal resistance level of 1.0745, recording its highest level at 1.0760, but ended the transactions below the mentioned level. On the technical side today, by looking …

The European index rose on Tuesday, supported by the rise in interest rate-sensitive real estate and technology stocks, after a three-day sell-off in the wake of the collapse of the Silicon Valley bank that caused turmoil in the banking sector worldwide. The pan-European STOXX 600 was up 0.1% by 0813 …

The dollar fell today, Monday, as the US authorities intervened to curb the repercussions of the sudden collapse of the Silicon Valley Bank (SVB), as investors hoped that the Federal Reserve would follow a less hawkish monetary path. The US government announced a number of measures and said that all …

European stocks fell on Monday, as banking stocks continued to decline in the region, despite the intervention of the authorities to limit the repercussions of the sudden collapse of Silicon Valley Bank. The pan-European Stoxx 600 index was down 0.6 percent by 0812 GMT, after closing at its lowest level …

Japan’s Nikkei fell more than 1 percent on Monday, with banks leading the losses as investors fretted over the potential repercussions of the collapse of the US bank Silicon Valley. Automakers also fell under pressure from a strong yen, with Mitsubishi Motors leading the decline. The Nikkei index fell 1.11 …

A noticeable rise for the Euro-dollar pair, achieving substantial gains, building on the weakness of the US dollar after the US jobs data, invalidating the technical outlook as we expected. As a reminder, we indicated during the previous technical report that the price’s consolidation once again above 1.0640 would immediately …

Last week, as China seeks to intensify its efforts to reduce stubborn financial risks and technological bottlenecks during President Xi Jinping’s third term, the country kept the top leaders at the central bank and the Ministry of Finance unchanged.In the United States, a government study on Friday renewed hopes of …

When traders boosted their long holdings in response to the recent dip, WTI oil regained ground around the $77 mark. The American crude closed Friday’s trading at $76.68 per barrel.Brent oil’s price increased and got close to $83 per barrel. If the right catalysts manifest, the momentum may still grow …