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Fundamental analysis

he Central Bank of Canada keeps its monetary policy unchanged
Foreign currency
image 8 September، 2021

The Bank of Canada kept its monetary policy unchanged at its meeting today, Wednesday, issued moments before as the bank kept interest rates at the current levels at 0.25%, as expected, in addition to maintaining the bank’s program of quantitative easing, which is maintained at its current pace of $ 2 billion in the week . The report issued by...

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The yellow metal is trying to regain the levels of 1800 dollars an ounce
metals
image 8 September، 2021

Despite its rise by about 0.12% in the middle of today’s trading session, the yellow metal is trading below the levels of 1800 dollars per ounce, which it lost during the trading session yesterday, Tuesday, after losing more than 1.5% during the session, affected by the rise in the US dollar and US bond yields during the session, coinciding with...

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The rise of the US dollar continues for the third consecutive session, and markets await the Bank of Canada
Foreign currency
image 8 September، 2021

The US dollar returned to rise at the beginning of this week to continue rising for the third consecutive session with the beginning of the European session’s trading session today, Wednesday, September 8th (September), to record the index that measures the performance of the dollar against a basket of currencies (Dollar Index) gains by about 0.18% and by more than...

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Cryptocurrencies lose more than $250 billion in market value with the announcement of Bitcoin as legal tender in El Salvador
Digital currencies
image 8 September، 2021

Cryptocurrencies continue to record declines for the second consecutive session with the beginning of today’s trading session, Wednesday, the eighth of September (September), to give up the gains recorded at the beginning of the week, and after Bitcoin, the most expensive digital currency in the world, tested the levels of 52 thousand dollars, to begin to decline with the middle...

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ZEW declines for the fourth month in a row and the revised reading of growth in the euro area is at 2.2%
Foreign currency
image 7 September، 2021

The ZEW index, which measures economic confidence in Germany in the September survey, fell by 13.9 points 26.5, declining for the fourth consecutive month, less than market expectations, which indicated a rise to 30.2 points. This decline in the index comes despite the improvement in the current economic situation in Germany to 31.9, an increase of two points compared to...

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Gold falls for the second consecutive session and aluminum at its highest level in ten years, benefiting from the coup in Guinea
metals
image 7 September، 2021

The yellow metal recorded declines for the second consecutive session with the beginning of the European session’s trading session today, Tuesday, September 7 (September), affected by the rises of the US dollar since the beginning of the session, as gold lost about 0.28%, trading at levels of $ 1818 per ounce, to remain at the levels of 1800 dollars, despite...

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The Australian Reserve extends its bond purchases program until February next year
Foreign currency
image 7 September، 2021

The Reserve Bank of Australia decided, in its meeting today, Tuesday, September 7, to keep monetary policy unchanged and to keep the current interest rates at 0.10%. The Bank also decided to continue buying government securities at a rate of $4 billion per week until February next year at least Estimate instead of next November. And the interest statement from...

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Bitcoin reached the highest levels of 51 thousand dollars, one day before the adoption of Bitcoin as legal tender in El Salvador
Digital currencies
image 6 September، 2021

 Cryptocurrencies are recording increases with the beginning of the European session’s trading session today, Monday, September 6, taking advantage of the positive news from El Salvador, whose law to adopt bitcoin as a legal currency will enter into force tomorrow, Tuesday, September 7, as the most expensive digital currency in the world rises by about 3.23% and is trading At...

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Improvement in German manufacturing orders and the euro slips due to the rise of the US dollar
Foreign currency
image 6 September، 2021

 New manufacturing orders in Germany, the strongest economy in the eurozone, grew in July by 3.4%, according to data from the Federal Statistical Office Destais released moments ago, to come better than expectations that indicated a decline of about 0.9%, while the June reading was revised up to 4.6% to reach its highest level. Since the beginning of the time...

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The US economy added 235,000 jobs in August, contrary to expectations, and the US dollar is at its lowest level in a month
Foreign currency
image 3 September، 2021

The report issued by the United States Bureau of Labor Statistics a few moments ago showed that 235,000 jobs were added in August, compared to the addition of 943 thousand jobs in June, before it was adjusted to 1053 jobs, and less than market expectations, which indicated the creation of jobs estimated at 750 thousand jobs. On the other hand,...

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