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Fundamental analysis

With the absence of central banks, what are the markets waiting for this week (weekly currency report)
Foreign currency
image 16 May، 2022

 The dollar maintains its gains thanks to the state of the safe haven Disappointing Chinese data in the Asian session Euro falls, ignoring expectations of rate hike in July Powell's comments and inflation data from Canada and the United Kingdom are the main events of the week After US inflation figures topped the events of last week, global markets return...

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The US dollar exceeds the 104 levels, ignoring declines in inflation, and the yen is benefiting from its status as a safe haven
Foreign currency
image 12 May، 2022

 The general index of the US dollar is trading at the 104 levels in the middle of the trading session of the European session today, Thursday, May 12 (May), up by about 0.50%, trading at 104.47 levels, the highest level for the index since December 2002, ignoring the inflation declines recorded by the US economy in April, coinciding with the...

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Digital currencies are collapsing, and Solana and Sheba are the most affected
Digital currencies
image 12 May، 2022

 Cryptocurrencies are recording strong declines this morning, Thursday, May 12, coinciding with a clear decline in risk appetite in the markets with the opening of the European session, where the Bitcoin currency leads these declines, trading at levels of 27,457 thousand dollars, down by 9.70%, trading at its lowest level since December 2020 with a decline in the market value...

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UK growth below expectations and the pound at its lowest level in two years
Foreign currency
image 12 May، 2022

 Preliminary figures from the United Kingdom’s National Statistics Office (ONS) showed that the Queen’s gross domestic product (GDP) in the first quarter ending in March increased by 0.8%, less than expectations of a growth of about 1%, with an adjustment to the growth of the fourth quarter of last year, rising to 1.3%. The economy grew by 8.7% on an...

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Annual inflation in the United States of America fell in April
Foreign currency
image 11 May، 2022

 Data released moments before by the Bureau of Labor Statistics in the United States showed that the Consumer Price Index (CPI), which measures inflation, decreased by 0.3% on a monthly basis in April, after rising by about 1.2% in March, to come better than expectations that indicated a decline to 0.2%, while the index rose The core, excluding food and...

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US crude regains $100 levels ahead of official stockpile figures
Oil markets
image 11 May، 2022

 Crude prices are recording increases of more than 2% with the opening of the European session today, Wednesday, May 11 (May), after declines of more than 8% in the first two sessions of the week, in which US crude (NYMEX) lost the levels of $ 100 a barrel for the first time in two weeks, amid anticipation in the markets...

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The Nasdaq Index records gains at the close, and the Dow Jones continues to decline amid anticipation of inflation figures
Market Indicators
image 11 May، 2022

 The three major indices of US stocks recorded mixed performance at the close of the trading session on Tuesday, May 10th, as gains in technology stocks supported the Nasdaq Composite Index specialized in the technology sector, while the Dow Jones Industrial Average declined for the fourth consecutive session. \ Market fears of a possible global economic recession, in addition to...

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The yellow metal reduces its losses and rises, and silver records a new low for 2022
metals
image 10 May، 2022

 Gold records gains in the middle of trading in the European session for today, Tuesday, May 10, by about 0.45%, trading at levels of $ 1862 an ounce, after losses of more than 1.2% recorded by the yellow metal when it closed the opening session of the week yesterday, Monday, testing levels of $ 1850 an ounce, affected by the...

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Bitcoin and cryptocurrency declines continue to their lowest levels since January
Digital currencies
image 9 May، 2022

 Digital currencies are turning red at the beginning of the week, Monday, May 9, as the most expensive digital currency in the world (Bitcoin) leads the declines, with a loss estimated at about 3.27%, to trade at levels of $ 33,590 thousand, the lowest level for the currency since the 24th of last January, coinciding with a decline in Market...

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The continuation of the US dollar’s gains at the beginning of the week, and anticipation of US inflation data
Foreign currency
image 9 May، 2022

 The general index of the US dollar known as the Dollar Index, which is concerned with measuring the dollar against a basket of currencies, continues to rise before the opening of the European markets for the opening session of the week today, Monday, May 9 (May), rising for the third session in a row, as it is trading at 104.05...

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