The Turkish Central Bank said Monday, June 12, that the country’s current account deficit rose to $5.404 billion in April, which exceeds Reuters expectations, which predicted the deficit would reach $4.5 billion. In March, the Turkish current account deficit recorded 4.903 billion dollars. As for the entire year 2022, the …

Gold prices rose sharply in the midday US trading session on Thursday due to the lower US dollar index and declining Treasury yields. August gold futures were last up $24.60 at $1,983.00 and July silver was up $0.796 at $24.325. Gold continues to move sideways, and we await pending orders …

Following a surprise 25 basis point (bps) rate hike in May, the Reserve Bank of Australia (RBA) board members opted to raise the Official Cash Rate (OCR) by another 25 basis points (bps) to 4.10% at its June policy meeting, delivering another hawkish surprise. According to the most recent Reuters …

Oil, Crude, trading

Positive movements dominated the trading of the British pound against the US dollar within the expected bullish context by last week’s trading, touching the first target 1.2595, recording its highest level at 1.2593. On the technical side today, and by looking at the 4-hour chart, we find that the simple …

Oil, Crude, trading

US crude oil futures prices continue to incur losses within the bearish technical outlook, as we expected, touching the first target at 70.00, and approaching by a few points from the official station at 69.00, recording its lowest level during the early trading of the current session, at $69.33 per …

The technical outlook is unchanged and for several consecutive sessions, we waited for the pending orders to be activated due to the sideways movements that dominated gold prices from below 1945 and from above below 1977. From the point of view of technical analysis, gold prices witnessed positive attempts, but …

. After several successive sessions of the sideways trend dominating the movements of the euro-dollar pair, it managed, at the end of last week’s trading, to achieve a first breach of the resistance level of 1.0740, recording its highest level at 1.0785, to return within a bearish slope once again. …

Canada’s economy unexpectedly lost 17,300 jobs in May, following a gain of 41,400 in April, according to data released by Statistics Canada on Friday. The net change in employment missed the market expectation of a gain of 23,200 jobs for May. As a result, Canada’s unemployment rate rose to 5.2% …