08/06/2025
7 February، 2022
The US dollar recorded its worst weekly performance in more than a year Euro star of the week Market expectations rise for a half-point hike in US interest rates in March Inflation on top of the week's events After major events and dates witnessed by the markets during the first week of February last week, on top of which were...
View More
4 February، 2022
. Unexpectedly, the report issued by the United States Bureau of Labor Statistics just a moment ago showed that 467 thousand jobs were added in January, compared to the addition of 199 thousand jobs in December, and much better than market expectations, which indicated the creation of jobs below the 100 thousand jobs. On the other hand, the unemployment rate...
View More
4 February، 2022
After the results of the European and English Central Bank meeting yesterday, Thursday, and the strong movements that the markets witnessed, attention turns today, Friday, by the end of the week, towards the US labor market data in the non-agricultural sector (NFP), as the United States of America announces on the first Friday of every month, and accordingly, the January...
View More
3 February، 2022
The European Central Bank kept its monetary policy and the current zero interest rates at its meeting on Thursday, the third of February, as was expected. In line with the gradual reduction in asset purchases decided last December, the bank decided that net monthly purchases would reach 40 billion euros in the second quarter and 30 billion euros in the...
View More
3 February، 2022
The Central Bank of England decided unanimously to vote to raise interest rates by a quarter point in its meeting moments ago, to reach 0.50%, as is the expectations for the second meeting in a row. He follows The interest report issued by the bank stated that the members of the bank all voted to raise interest rates, but there...
View More
3 February، 2022
Today, Wednesday, February 3, is the most important session of this week and one of the most important sessions of February for the currency markets, as the European Central Bank and the Bank of England meet today to determine monetary policy, and therefore the impact will be direct on the movements of the euro and the pound sterling. Bank of...
View More
2 February، 2022
The Organization of the Petroleum Exporting Countries and its allies, independent producers outside the organization, led by Russia in the system known as OPEC +, decided moments before its ministerial committee meeting to adhere to the planned increase in production by about 400,000 barrels per day next March, ignoring the pressures of major consumers in the world calling for an...
View More
2 February، 2022
The US private sector lost about 301 thousand jobs in January, according to figures released just before by the ADP, after adding about 807,000 jobs in December, while expectations were for the addition of 185 thousand jobs. In details, the commodity production sector lost about 27 thousand jobs, while the manufacturing sector lost about 21 thousand jobs, and the construction...
View More
2 February، 2022
Data released moments ago by Eurostat, the statistical office of the European Union, showed that inflation in the euro zone rose to 5.1% in the estimated reading in January, up from 5% in December, while expectations indicated a decline to 4.4%. The rise in inflation in January was supported by the rise in energy prices at the highest annual pace...
View More
1 February، 2022
The index concerned with measuring the dollar against a basket of currencies (Dollar Index) is losing for the second consecutive session in the middle of the European session today, Tuesday, the first of February, before the opening of the American markets, by trading at 96.32 levels, a loss of about 0.32% and about 0.90% since the beginning of the week...
View More
Currency Converter
