Tag Archives: Euro

On Wednesday, ECB policymaker Klaas Knot said that the headline inflation appears to have peaked, adding that keeping current pace of hikes into May could well be needed if underlying inflation does not materially abate.Knot’s comments do not seem to be helping the Euro gather strength against its rivals. As …

European stocks hit their highest level in more than nine months on Wednesday, as investors got positive cues from Federal Reserve Chairman Jerome Powell’s comments on Tuesday, while the upbeat outlook of Linda and Akzo Noble led to higher materials stocks. Crude and chemicals. The pan-European STOXX 600 index was …

Japan’s Nikkei fell on Wednesday amid heavy selling in stocks of major technology companies such as Nintendo and SoftBank Group after disappointing financial results, dashing any hopes of capitalizing on Tuesday night’s gains on Wall Street. Investment group SoftBank fell 5.1% after posting a quarterly loss, while video game maker …

Negative trades dominated the pair’s movements within the negative technical outlook, as we expected during the previous technical report, heading towards the first target to be achieved at 1.0660, recording its lowest level at 1.0665. On the technical side, the pair tried to compensate for the losses during the Federal …

Public transport, schools and oil refineries were disrupted in France on Tuesday as trade unions led a third wave of a nationwide strike against President Emmanuel Macron’s plans to extend the working years for French people before retiring. Strike movements in many sectors and street protests on Tuesday come hours …

European stocks witnessed stability during trading on Tuesday, at a time when the prospects for the continuation of the cycle of raising interest rates around the world continue to undermine sentiment, while the oil giant BP led the energy sector to rise. The Stoxx 600 index of European stocks settled …

Japan’s Nikkei trimmed its gains to close lower on Tuesday as investors awaited Federal Reserve Chairman Jerome Powell’s speech, but a slew of corporate earnings left the market directionless. The Nikkei index fell 0.03 percent to close at 27,685.47 points, and cut the fourth consecutive winning session, after trading remained …

Negative trades dominated the movements of the euro-dollar during the first trading sessions of this week, within the expected negative outlook during the previous analysis, touching the official target station 1.0740, recording its lowest level at 1.0709. On the technical side today, by looking at the 240-minute chart, we find …

The Japanese Nikkei index closed at its highest level in more than seven weeks on Monday, as the yen’s decline supported shares of automakers and other exporting companies, while shares of trading companies achieved gains supported by earnings expectations. The Nikkei rose 0.67 percent to close at 27,693.65 points, the …

The single European currency declined significantly at the end of last week’s trading, as a result of the rise in the US dollar, after the US jobs data, which came out positively, better than market expectations. On the technical side, we indicated during the last report that the infiltration below …