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 performance of … Read more
Austin Goolsby, member of the US Federal Reserve US Federal Reserve policymaker from Chicago Austin Goolsby said on Monday that recent inflation data showing price growth is slowing is to be welcomed. In this regard, Goolsby added that the US Federal Reserve is still on the “Golden Road”, which means that inflation can be reduced … Read more
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, Tuesday, at … Read more
Canadian dollar pair After the Bank of Canada surprised the markets with its decision to raise interest rates by 25 basis points yesterday, Wednesday, economists at ING Bank issued new expectations for the Canadian dollar pair in light of these decisions and the possibility of raising interest again next July. In this context, experts from … Read more
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 prices are … Read more
US Federal The results of the US Federal Reserve meeting for last April, issued today, Wednesday, included the following points: Data available at the time of the May meeting indicated that real GDP expanded at a modest pace in the first quarter. Labor market conditions remained tight in March, as job gains were strong and … Read more
The Dow Jones is down for the third consecutive sessionThe Nasdaq Composite achieved its highest close in more than 8 months The major US indices closed mixed on Wednesday’s session after inflation data for April came in better than expected. The Consumer Price Index rose 4.9% in April, compared to expectations of 5%, renewing hopes … Read more
agencies Monday, April 24, 2023 09:00 PM I backed off gold prices, Today, Monday, for the second session in a row, as the focus of investors turned to the meetings of the Federal Reserve (the US Central Bank), to clarify its strategies to raise interest rates, which may highlight any progress in taming inflation, according … Read more
The United States is expected to enter recession most likely this year, and will face high inflation until 2024, as expected by the majority of economists in their response to a survey conducted by the National Association for Business Economics NABE twice annually. More than two-thirds of respondents in the National Association for Business Economics’ … Read more
The expected scenario for the US labor market data The currency markets will follow with great interest the issuance of the US labor market data during last February, which will have a very strong impact on the US dollar trading against other currencies, in addition to its expected strong impact on the stock and metal … Read more