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Fundamental analysis

The continued losses of the US dollar, the euro and the Australian are the biggest beneficiaries
Foreign currency
image 19 July، 2022

 For the second consecutive session since the beginning of the week, the general index of the US dollar declined in its trading this morning, Tuesday, the 19th of July, with the opening of the European markets at 106.73 levels, at a loss of 0.60%, affected by the decline in market expectations and investors’ bets that the US Federal Reserve would...

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Reserve Bank of Australia Minutes
Foreign currency
image 19 July، 2022

 The minutes of the Reserve Bank of Australia's meeting two weeks ago on the fifth of July, which saw an increase in interest rates by 50 basis points to 1.35%, issued this morning, Tuesday, showed that the market expectations of interest rates at 3% by next December. Members noted that inflation in Australia has risen significantly and is expected to...

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Ethereum leads the gains of cryptocurrencies, and the market value exceeds one trillion
Digital currencies
image 18 July، 2022

 Cryptocurrencies record gains in the middle of today’s trading session, Monday, July 19, the opening session of the week, coinciding with a clear rise in risk appetite in the markets before the opening of the American session, as the Ethereum currency leads these increases, trading at levels of 1.490, up 10% today, Monday, and 30% gains in the last seven...

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The European Central Bank and Japan lead this week’s events (weekly currency report)
Foreign currency
image 18 July، 2022

A look at the most important events of the past week The European Central is taking the lead Inflation data from the UK and Canada Miscellaneous data we will follow up After the Central Bank of New Zealand and the Bank of Canada announced their monetary policies last week, attention is turning during this week's sessions towards the Central Bank...

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US retail sales grow 1.0% in June
Foreign currency
image 15 July، 2022

 Data released moments before by the US Census Bureau showed a rise in US retail sales better than the market expectations, as sales rose by about 1% in June, compared to a decline of about -0.1% in the revised May reading, while expectations indicated a rise by 0.9%. Core sales, excluding auto prices, recorded a growth in June of 1.0%,...

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China’s economy grows 0.4% in the second quarter, and recession fears rise
Foreign currency
image 15 July، 2022

 The gross domestic product (GDP) in China, the second largest economy in the world, recorded a strong slowdown in GDP growth, which reached 0.4% in the second quarter of this year, according to data released this morning, Friday, July 15, from the National Bureau of Statistics, compared to a growth of about 4.8% in the first quarter and less From...

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Crude is down more than 2% with the opening of the American session
Oil markets
image 14 July، 2022

 Crude records declines in mid-European trading today, Thursday, July 14th, and with the opening of the US markets, affected by the rise in the US dollar and the rise in global recession fears, as US crude (NYMEX) is trading down by 2.36%, trading at levels of 94.04 dollars per barrel, while Brent crude is trading at Levels of $ 97.56...

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The US dollar continued its gains, and the yen and the euro were the most affected
Foreign currency
image 14 July، 2022

 The general index of the US dollar continues to record gains and record levels, the highest since 2002, with the opening of the European markets for today's session, Thursday, the 14th of July (July), to trade at levels of 108.60, taking advantage of the US inflation figures that came to their levels in forty years. The Consumer Price Index (CPI),...

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Unemployment in Australia is the lowest in 48 years
Foreign currency
image 14 July، 2022

 Australian labor market data released this morning, Wednesday, in the Asian session from the Australian Bureau of Statistics (ABS), showed that the unemployment rate fell to 3.5% in June from 3.9% in May, the lowest level in 48 years (August 1974), compared to expectations that it had declined to 3.8%. This coincides with an increase in the participation rate in...

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Bank of Canada raises interest rates by 100 basis points
Foreign currency
image 13 July، 2022

 In an unexpected move, the Bank of Canada, in its meeting moments before, raised the interest rate by 100 basis points to 2.50% from 1.50%, while expectations were to raise it by about 75 basis points to reach 2.25%. Inflation in Canada is higher and more stable than the bank forecast in its April monetary policy report and is expected...

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