Why did the dollar rise immediately after Jerome Powell’s strong statements?

2023-08-25 17:20:40 U.S. dollar The US dollar recorded a strong rise during trading today, Friday, benefiting from the statements of decision-makers within the US Federal Reserve, which hinted at the bank’s willingness to continue raising interest rates during its upcoming meetings to curb high inflation, and the following are the most prominent influences on the … Read more

The currency markets are awaiting very important data, the most important of which is Jerome Powell’s speech

2023-08-20 14:02:52 Economy The currency markets are awaiting the issuance of many reports and economic data during this week (21-25 August), which will have a significant impact on various markets, especially the US dollar and the euro. The most important of these data are the following: Currency markets and interest rate decision in China The … Read more

Elon Musk panics the cryptocurrency markets, and Bitcoin is falling strongly!

2023-08-18 16:54:21 Digital currencies The digital currency Bitcoin, which is the largest digital currency in the world, fell by about 7% during the past 24 hours, and by about 12% over the past week, to settle near its lowest level in 3 months, along with various other large digital currencies that witnessed similar declines. It … Read more

Why is the US dollar falling despite the positive economic data?

2023-06-27 17:09:21 The price of the dollar is USD The US dollar index declined clearly during trading today, Tuesday, despite the positivity of some US economic data, on top of which was the consumer confidence data issued a few hours ago. However, there are some developments that weakened the demand for the dollar, the most … Read more

The price of “gold” continues to rise on the back of expectations of the Federal Reserve interest rate fixing today

2023-06-14 09:03:32 gold price.. Gold returned to the rise again, immediately after the opening of trading this morning, Wednesday, June 14, on the International Metal Exchange, by about $ 6.5 at $ 1950 an ounce. As he bounced The price of gold in Egypt Today, it is towards the upward path, after it stopped yesterday, … Read more

Gold is jumping globally amid the decline in the price of the dollar today

2023-06-12 09:32:35 The price of gold and the dollar.. led subsidence dollar price Today, Monday, in front of 6 currencies in the main index of the dollar, to support the forces of demand for gold, which reinforced the rise of the ounce by 0.22%, to 1965.4 dollars. The price of the dollar today price fell … Read more

Gold prices are falling after the progress of the US debt ceiling agreement talks

2023-05-31 07:11:36 In the wake of the approaching signing of an agreement to raise the US debt ceiling, gold prices are heading down, with expectations of the Federal Reserve raising interest rates, in parallel with the stability of the dollar index. Gold prices are declining and the US dollar index is stable Today, Wednesday, gold … Read more