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Fundamental analysis

The Reserve Bank of New Zealand’s meeting and the PCE index lead this week’s events (Currency Weekly Report)
Foreign currency
image 21 February، 2022

A look at the main events of the past weeK Geopolitical tensions are still at the fore Will the Bank of New Zealand continue to raise interest rates? Markets await the Fed's preferred indicator of inflation After pulling and pulling during last week’s trading, the general index of the US dollar, which is concerned with measuring the strength of the...

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After eight weeks of raw gains, it is heading to record its first weekly loss
Oil markets
image 18 February، 2022

 Brent crude and American crude (NYMEX) are heading to record weekly losses of more than 4% for the first time during 2022 at the end of the trading session of the closing week, today, Friday, February 18, with a loss of more than 2% until the middle of today’s trading and before the opening of the American markets, where Brent...

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Bitcoin leads the decline of cryptocurrencies and the market value below 2 trillion
Digital currencies
image 18 February، 2022

 Cryptocurrencies are recording declines at the end of the week’s trading today, Friday, February 18, as the most powerful digital currency in the world (Bitcoin) leads the digital currency declines with a loss of about 6%, and it is trading at levels of 40,700 thousand dollars, with a decline in its market value to 774 billion dollars, affected by the...

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UK retail sales beat expectations
Foreign currency
image 18 February، 2022

 UK retail sales rose by 1.9% in January after declining by about 3.7% in December before being revised to a decrease of 4% to bring January's numbers better than expectations that indicated a growth of about 1.1%. In details, sales of food stores fell in January to below levels before the Corona crisis, while sales of non-food stores increased by...

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Gold at its highest level in eight months
metals
image 17 February، 2022

The yellow metal recorded increases of about 1% in the middle of trading today, Thursday, February 17, when it traded at levels of $ 1890 an ounce, recording its highest level since June of last year, benefiting from the rise in fears and anxiety in the markets after the rise in tensions between Russia and Ukraine again after it subsided...

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The unemployment rate is stabilizing in Australia and the economy is adding about 12,000 jobs
Foreign currency
image 17 February، 2022

 Australian unemployment rates stabilized in January at 4.2%, according to figures issued by the Australian Bureau of Statistics (ABS) at the beginning of the Asian session today, Thursday, despite the increase in the participation rate in the labor market to 66.2% from 66.1%. The Australian economy added about 12.900 thousand jobs in January, bringing the number of employment to 13.255,000...

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US retail sales at their highest level in ten months
Foreign currency
image 16 February، 2022

 Data released moments before by the US Census Bureau showed a rise in US retail sales better than market expectations, as sales rose by about 3.8% in November, the highest level in ten months, compared to a decline of about 1.9% in the December reading, while expectations indicated that it would rise by about 2.1%. Core sales, excluding car prices,...

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Crude resumes rising amid anticipation of the inventories statement
Oil markets
image 16 February، 2022

Crude prices regain part of their luster and strength during the trading session today, Wednesday, February 16, and record some increases to compensate for part of the losses incurred yesterday, which exceeded 3% at the closing, coinciding with the calming of fears about the Russian-Ukrainian conflict after reports confirmed the withdrawal of part of the Russian forces from Ukraine's borders,...

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Markets Await US Retail Sales, UK Annual Inflation Beats Expectations
Foreign currency
image 16 February، 2022

 The general index of the US dollar recorded declines this morning, Wednesday, February 16th, with the opening of the European session for the second session in a row, by about 0.08%, trading at 95.88 levels, coinciding with the return of risk appetite in the markets and the decline in tensions and fears due to the Russian-Ukrainian conflict, which caused a...

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ZEW Index falls below expectations, Euro rises, benefiting from US dollar declines
Foreign currency
image 15 February، 2022

 The ZEW index, which measures business confidence in Germany, rose by about 2.6 in the February survey to reach 54.3, below expectations that indicated a rise to 55.1. The index's improvement in February was supported by an improvement in the assessment of the current economic situation by about 2.1 points. On the other hand, the index related to the euro...

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