× Home About
logo
العربية (ar)العربية

Foreign currency

Divergence in the Eurozone and UK Purchasing Managers’ Indexes
Foreign currency
image 22 May، 2025

Data released moments ago at the start of the European session today, Thursday, May 22, showed divergences in most of the services and manufacturing Purchasing Managers' Indexes (PMIs) in the Eurozone and the United Kingdom in the preliminary reading for May. The Eurozone services index continued to decline, reaching a 16-month low of 48.9 in May, compared to 50.1 in...

icon View More
UK Inflation Exceeds Expectations
Foreign currency
image 21 May، 2025

The Consumer Price Index (CPI), a measure of inflation in the UK, rose to 3.5% year-on-year in April, according to data released by the Office for National Statistics (ONS) on Wednesday morning, May 21, compared to 2.6% in March. This exceeded expectations of 3.3%, marking the highest reading since February 2024. On a monthly basis, the CPI rose by 1.2%...

icon View More
Canada’s annual inflation slows as energy prices decline
Foreign currency
image 20 May، 2025

Canada's Consumer Price Index (CPI) grew by 1.7% year-over-year in April, according to figures released just a few moments ago, compared to 2.3% in March, below expectations. The core CPI, which excludes gasoline prices, rose to 2.9% year-over-year from 2.5%. On a monthly basis, the CPI fell by 0.1% in April after rising by 0.3% in March, matching expectations. This...

icon View More
Reserve Bank of Australia Cuts Interest Rates and Revises Growth and Inflation Forecasts
Foreign currency
image 20 May، 2025

The Reserve Bank of Australia's Board of Directors decided at its meeting this morning, Tuesday, May 20, to change its monetary policy, as expected, cutting interest rates by 25 basis points to 3.85%, its lowest level since May 2023. The bank's interest statement stated that inflation risks have become more balanced, but the outlook is uncertain and highly dependent on...

icon View More
Japan’s economy shrinks in the first quarter
Foreign currency
image 16 May، 2025

The Japanese economy recorded a 0.2% contraction in gross domestic product in the first quarter of this year, ending in March, its first contraction in a year, according to data released by the Japanese Cabinet Office this morning, Friday, during the Asian session. This contraction was below expectations, compared to a 0.6% growth in the fourth quarter of last year,...

icon View More
US Retail Sales Figures Positive in April
Foreign currency
image 15 May، 2025

Data released just moments ago from the US Census Bureau showed a rise in US retail sales in April, exceeding market expectations. Sales rose to $724.1 billion, a 0.1% increase compared to March's reading of 1.4% (expected 0.0%), and a 5.2% year-over-year increase. Core sales, excluding auto prices, fell 0.1% in April, compared to a 0.5% increase in March. Sales...

icon View More
UK economy grows 0.7% in first quarter, boosted by services sector
Foreign currency
image 15 May، 2025

Preliminary estimates from the UK Office for National Statistics showed that UK gross domestic product (GDP) grew by 0.2% month-on-month in March, compared to 0.5% growth in February. This was better than expected, with the services sector primarily benefiting from growth. On a quarterly basis, the UK economy grew by 0.7% in the first quarter of the year ending in...

icon View More
Crude oil prices decline, inventories rise
Foreign currency
image 14 May، 2025

  Crude oil prices are trading lower in mid-US trading today, Wednesday, May 14, despite recovering a significant portion of the losses recorded at the beginning of the European session following OPEC's monthly report. Inventory figures came in contrary to expectations, with Brent crude falling by about 0.80% to trade at $66.10 a barrel, while US crude (NYMEX) is trading...

icon View More
The US dollar declines for the second consecutive session as expectations of a rate cut rise.
Foreign currency
image 14 May، 2025

The US dollar index continued its decline for the second consecutive session on Wednesday morning, May 14, losing approximately 0.60%, trading at 100.20, following a 0.80% loss on Tuesday. This wiped out all of the gains it recorded in the opening session of the week, due to the trade agreement between China and the United States. This decline was influenced...

icon View More
Annual inflation in the United States reached 2.3% in April.
Foreign currency
image 13 May، 2025

Data released just moments ago by the U.S. Bureau of Labor Statistics showed that the Consumer Price Index (CPI), a measure of inflation, rose 0.2% in April after declining by about 0.1% in March, falling short of expectations for a 0.3% increase. The core CPI, which excludes food and energy prices, rose 0.2% compared to 0.1% in March, matching expectations....

icon View More
icon Currency Converter