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Fundamental analysis

Amid anticipation of the statements of central bank heads, the dollar continues to rise
Foreign currency
image 29 June، 2022

 The general index of the dollar recorded a rise for the second session in a row this morning, Wednesday, 29th of June, in line with the opening of the European markets, where the index, which measures the performance of the dollar against a basket of currencies, is trading at 104.67 levels, up by 0.20%, ignoring the decline in the US...

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The yellow metal trims its morning gains, affected by the rise in the dollar
metals
image 27 June، 2022

 Despite its rise by about 0.20%, trading at levels of $ 1830 an ounce with the opening of the American markets for today's session, Monday, June 27 (June 27), the yellow metal loses about 0.45% compared to the highest level recorded at the beginning of the European session, after it tested the levels of 1939 dollars, affected by the recent...

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Durable goods orders exceed expectations and the dollar reacts positively
Foreign currency
image 27 June، 2022

 Durable goods orders, according to the US Census Bureau report issued a few moments ago, grew in May, better than the market expectations of a growth of 0.7% or 1.9 to reach $267.2 billion on a monthly basis, after a decline of about 0.4%, while expectations indicated its stability without change. Core orders, excluding transportation, also recorded a growth of...

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More than 4% losses for crude, and anticipation for inventory numbers
Oil markets
image 22 June، 2022

 Crude prices are recording strong declines in the middle of the trading session of the European session today, Wednesday, June 22nd, as crude is affected today by the high expectations that US President Joe Biden will support crude prices in the coming period, as BENRT crude loses about 4.15%, trading at levels of 109.90, while US crude is losing (NYMEX)...

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UK inflation at 9.1% in May
Foreign currency
image 22 June، 2022

 The CPI, which measures inflation in the United Kingdom, rose to 9.1% year-on-year in May, compared to 9% in April's reading, matching expectations in the highest reading in the series that began with national statistics in January 1997. The main index, excluding food and energy prices, fell to 5.9% in May from 6.2%, compared to a decline of 6% in...

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Canadian retail sales grow better than expected
Foreign currency
image 21 June، 2022

Retail sales in Canada rose by 0.9% in April, according to a report by Statistics Canada issued just moments ago, to reach $60.7 billion, after declining by about 0.0% in March, exceeding expectations that indicated a growth of about 0.8%, as the growth in April was supported by higher sales in general merchandise stores. By 4.2%. The main index excluded...

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Crude gains for the second session in a row, and Brent regains the levels of 115 dollars
Oil markets
image 21 June، 2022

Crude prices are recording gains for the second consecutive session in the middle of the European session today, Tuesday, June 21 (June), benefiting from the rise in crude imports in the largest consumer of crude in the world China and the lack of global supplies, ignoring fears of a global recession, as US crude (NYMEX) is trading at levels of...

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Australian Reserve Bank Minutes
Foreign currency
image 21 June، 2022

 The members began their discussion in the meeting that was held on the seventh of June regarding the inflation rates, which rose in April and May and is expected to rise in the coming period due to local and global factors before returning in the next world 2023 towards the bank’s target of 2-3%, as the global growth forecasts were...

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Inflation figures from Canada and the UK and Powell’s testimony are the main highlights of this week (Currency Weekly Report)
Foreign currency
image 20 June، 2022

 Will Canadian inflation figures support a stronger CBE move in July Will Jerome Powell steal the show this week in his testimony before Congress Swiss Franc Continues Gains After Swiss Bank Shocks Markets Various economic data that we will follow during the week After the markets bid farewell to an intense week in terms of economic data, represented by the...

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Bank of Japan no change to monetary policy
Foreign currency
image 17 June، 2022

The Bank of Japan decided at its meeting that ended this morning, Friday, June 17, to keep monetary policy unchanged, as members of the bank voted as expected to keep the current negative short-term interest rates at -0.10% in addition to maintaining the 10-year bond yield at 0 % . The bank is buying exchange-traded funds (ETFs) for 12 trillion...

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