Tag Archives: Euro

European stocks opened higher on Friday after falling for two straight days as investors snapped up falling energy stocks, although hawkish comments from more Federal Reserve officials capped gains. The pan-European Stoxx 600 index was up 0.4% by 0813 GMT, with basic resources stocks rising 1.1%, after falling more than …

The dollar is heading for its best week in a month on Friday, as comments from Federal Reserve officials and stronger-than-expected retail sales data curbed the US currency’s slide after signs of easing inflation. It was also helped by Thursday’s 0.4 percent decline in the British pound after a British …

For the second session in a row, the movements of the Euro-dollar pair did not witness a significant change within a limited bearish tendency that dominated the pair’s movements yesterday, to retest the support level of the psychological barrier 1.0300, maintaining the positive stability above. On the technical side, on …

The dollar was little changed on Thursday as investors digested mixed US economic data, while the British pound rose ahead of the government’s budget plans. The greenback has fallen in the past few weeks as inflation data and comments from Federal Reserve officials suggested the bank could soon slow the …

German stocks led European indices higher at the open on Thursday, supported by data from Siemens, which recorded an optimistic rise in quarterly profits, while investors await the UK budget, which is expected to restore confidence in the British economy. The German DAX rose 0.9%, while the pan-continental Stoxx 600 …

Japan’s Nikkei closed lower on Thursday, as Tokyo Electron and Advantest led chip-related stock losses after Micron Technology cut memory chip supplies and capital spending, while travel stocks jumped thanks to an increase in foreign tourists. Micron was the first major chip maker to sound the alarm about falling demand …

The technical outlook is unchanged, and the euro’s movements did not change significantly, maintaining positive stability against the US dollar, stable above the strong demand area of 1.0280. On the technical side today, we find the Simple Moving Averages still supporting the upward curve of prices, motivated by the continuation …

On Wednesday, the dollar hit just over multi-month lows against most major currencies, as flows supporting the safe-haven currency slowed after US President Joe Biden said a missile that caused an explosion in Poland may not have been launched from Russia. NATO allies Poland and Ukraine said on Tuesday that …

European stocks opened slightly lower on Wednesday, November 16th, with Mercedes-Benz Group leading the decliners in the auto sector, while an explosion in Poland kept sentiment weak and pushed defense stocks higher. The Stoxx Europe 600 Index lost 0.2%. Mercedes-Benz shares fell 3.5% after a report said that the German …

Japan’s Nikkei index recovered losses to end higher on Wednesday, after fears of an escalation in the Ukraine crisis faded after US President Joe Biden said an explosion in NATO member Poland may not have been caused by a missile fired from Russia. The Nikkei index increased by 0.14 percent, …