As pointed out by Mohamed Hashad, Director of Research and Development Department at Noor Capital, in this morning’s report, The safe-haven yellow metal fell strongly after positive news regarding the progress of negotiations between Russia and Ukraine. As a result, the yellow metal gave up the levels of 1900 dollars …
Read More »GBP Breaks Support 29/3/2022
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Read More »GBP is facing negative pressure 28/3/2022
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Read More »British Pound retests support 25/3/2022
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Read More »British Pound retests support 24/3/2022
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Read More »British Pound Rallies Strongly 23/3/2022
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Read More »GBP: Hits The Resistance, Negative Pressure Continues 22/3/2022
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Read More »GBP: Needs to Monitor Price Behavior 21/3/2022
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Read More »Market Drivers – European Session 17-3-2022
In its latest monetary policy announcement, the Bank of England (BoE) opted to raise the benchmark UK interest rate by a further 25bps to 0.75% from 0.50%, as had been widely expected. GBP’s kneejerk reaction was to drop sharply as a result of only eight on nine Monetary Policy Committee …
Read More »Market Drivers – European Session 16-3-2022
Canadian inflation hit 5.7% YoY in February, according to Statistics Canada’s latest headline Consumer Price Index (CPI) release on Wednesday. That was above the expected rise to 5.5% from 5.1% in January. The MoM increase in the headline CPI in February was 1.0%, a little above the 0.9% expected and …
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