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Fundamental analysis

Currency Weekly Report
Foreign currency
image 20 February، 2023

The US dollar gained for the third week in a row Markets are awaiting the New Zealand Reserve meeting and the Federal Reserve's minutes The Japanese yen is testing 135 levels and waiting for Ueda's comments Separate economic data After the US and British inflation numbers, in addition to the Australian labor market figures and retail figures from the United...

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Crude and gold prices are on weekly losses with the strength of the dollar
metals
image 17 February، 2023

 oil Crude prices are recording declines for the fourth consecutive session, in the longest series of declines in the year 2023, in the middle of the closing session of the week today, Friday, to record weekly losses of more than 4%, affected by the rises of the US dollar and the rise in crude stocks in a way that exceeded...

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The US dollar is at its highest level in six weeks, supported by the hawkish Fed members’ statements
Foreign currency
image 17 February، 2023

The general index of the US dollar is trading at its highest level since the sixth of January, at 104.40 levels, up by 0.40% this morning, Friday, the 17th of February, in the closing session of the week, heading to record weekly gains of more than 0.70% for the third consecutive week. The US dollar receives support this week from...

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US Producer Price Index exceeded expectations in January
Foreign currency
image 16 February، 2023

Figures released moments ago by the US Bureau of Labor Statistics showed that the Producer Price Index (PPI) rose by 0.7% in January after declining by 0.5% in December, exceeding expectations for a gain of about 0.4%, while the index rose on an annual basis by 6%. The index excluding food and energy prices increased by 0.6% in January, the...

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Bitcoin is at its highest level since August, with gains of more than 10%
Digital currencies
image 16 February، 2023

. Digital currencies are recording increases for the third consecutive session in the middle of today’s session, Thursday, February 16th, coinciding with a clear rise in risk appetite in the markets before the opening of the American session, where Bitcoin is leading these rises, trading at the highest levels of $24,000 at its highest level since August, up by 11%...

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The unemployment rate rises to 3.7% in Australia and the economy loses more than 11,000 jobs
Foreign currency
image 16 February، 2023

 The Australian unemployment rate rose in January to 3.7%, according to figures issued by the Australian Bureau of Statistics (ABS) at the beginning of the Asian session today, Thursday, while expectations were that it would remain stable when reading December at 3.5%, while the participation rate in the labor market declined to 66.5% from 66.6%. The Australian economy lost about...

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US retail sales grow by 3% in January and the dollar is rising
Foreign currency
image 15 February، 2023

 Data released moments ago by the US Census Bureau showed a rise in US retail sales, better than market expectations, as sales rose by about 3% in January, up to $697 billion, compared to a decline of about -1.1% in the December reading, while expectations were for increases of about 1.9%. . Underlying sales, excluding car prices, grew by 2.3%...

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Pressure on crude amid anticipation of stock numbers
Oil markets
image 15 February، 2023

 Crude prices record losses of more than 1.5% in the middle of trading in the European session today, Wednesday, February 15th, affected by the rises of the US dollar, in addition to the increase in inventories more than expected, according to the preliminary reading, amid anticipation of the official figures today, as Brent crude is trading at $84.28 a barrel,...

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UK inflation slowed to 10.1% in January
Foreign currency
image 15 February، 2023

 The consumer price index in Britain, which measures inflation, grew by 10.1% in the 12 months ending in January, compared to 10.5% in December, while expectations indicated a slowdown by 10.3%, while inflation fell on a monthly basis by 0.6% in January, compared to a decrease of 0.1%. in December . The main index, excluding food and energy prices, rose...

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Annual inflation in the United States of America rises to 6.4%
Foreign currency
image 14 February، 2023

Data issued moments ago by the Bureau of Labor Statistics in the United States of America showed that the Consumer Price Index (CPI), which measures inflation, rose by 0.5% in January, after declining by 0.1% in December, matching expectations, while the main index, excluding food and energy prices, rose to 0.4% compared to By 0.3% in December. On the other...

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