Tag Archives: Euro

The euro-dollar pair did not show strong movements during the previous trading session, as part of its attempts to breach the strong supply zone published in all technical reports for the current week at the price of 1.0740, representing the key to the continuation of the bullish trend. On the …

The dollar fell to near its lowest levels in 7 months against the other major currencies on Tuesday, January 10, influenced by investor optimism that the Federal Reserve may be close to ending the cycle of increasing interest rates and with the increasing demand for risky assets after the lifting …

European stocks fell on Tuesday as investors became cautious ahead of a speech by Federal Reserve Chairman Jerome Powell after two US central bank monetary policymakers expected more interest rate hikes. The Stoxx Europe 600 index was down 0.7 percent by 0811 GMT, after hitting an eight-month high in the …

The Nikkei index of Japanese stocks closed at its highest level in two weeks on Tuesday, thanks to a jump in technology stocks, but caution ahead of the Bank of Japan meeting next week limited gains. The Nikkei index ended trading up 0.78 percent at 26,175.56 points, its highest level …

The euro-dollar pair witnessed a positive trading session within the expected bullish context. Accordingly, we relied on stability above the psychological barrier of 1.0600, reaching the official station targeted for the current bullish wave at 1.0740, recording its highest level at 1.0760. On the technical side today, we find there …

European stocks rose Monday, January 9, extending the year’s positive start to the year for a second week, as China reopened its borders and US and European data contributed to calming concerns about the strong tightening of monetary policy by central banks. The pan-European Stoxx 600 rose 0.3%. The index …

On Monday, the dollar approached its lowest level in seven months against other major currencies, after data last week showed that the Federal Reserve may slow the pace of decisions to raise interest rates, while the reopening of Chinese borders boosted higher-risk currencies. The yuan in foreign transactions approached its …

European stocks rose on Monday, extending a positive start to the year for a second week, as China reopened its borders and US and European data eased concerns about the aggressive tightening of monetary policy by central banks. The pan-European Stoxx 600 index was up 0.3 percent by 0812 GMT. …

The dollar stabilized on Monday after investors digested a batch of economic data released last week that raised hopes that the Federal Reserve would slow the pace of interest rate hikes. Data on Friday showed that non-farm payrolls in the United States increased by 223 thousand jobs in December, while …

EURUSD pair jumped to achieve strong gains at the end of the trading week last Friday after it managed to exit from the sideways track, as we indicated during all trading reports of the past week, explaining that the price’s consolidation above the resistance level of the psychological barrier 1.0600 …