BNB, the digital currency, is down 17% for the week, including a drop of more than 6% in the last 24 hours, to trade at around $235.BNB, which was first found in 2017 in China by CZ, CEO of the company; The fifth most valuable digital currency in the world, with more than $37 billion, … Read more
© Reuters Written by Noreen Burke Investing.com – On Wednesday, the market awaited minutes from the Federal Reserve’s latest meeting in a shorter-than-usual holiday trading week, and investors looked for any signs of a slowing in the pace of rate hikes. In the US, the most important week for shopping begins, and it will be … Read more
The price of the Saudi riyal against the Egyptian pound recorded a decrease of “0.1014” points, by “-1.58%” during the currency trading sessions today, Saturday, November 5, 2022, to reach a price equivalent to 6.3375 pounds, compared to the previous opening price of 6.4389 pounds. Saudi riyal against UAE dirham The average price of the … Read more
risk appetite Friday’s trading, the last trading day of this week, witnessed a divergence in risk appetite in various global markets, with some major financial institutions announcing their quarterly profits, and after the release of US inflation data yesterday and statements by some members of the European Central today, amid expectations of a global recession, … Read more
Investing.com – The market has plunged into a violent wave of losses throughout the week since Jerome Powell spoke last Friday about the continuation of the Fed’s hawkish policy, which pushed the drop below $20,000 levels, but the market is trying to recover today to witness a collective rally for most currencies. The decline of … Read more
Cryptocurrency US jobs data on August 5th was above market expectations, indicating that inflation has not abated. The strong numbers reduce the likelihood that the US Federal Reserve will slow its sharp pace of rate hikes. According to CME Group data, after the release, the probability of a 75 basis point increase in September rose … Read more
02:45 PM Saturday 30 July 2022 Books – Alaa Hajjaj: Cryptocurrency prices rose over the past week, as the Federal Reserve decided to raise interest rates by 0.75% for the fourth time in a row since the beginning of this year. According to the CoinMarketCap platform, Bitcoin rose by 5.25% over the past week to … Read more
Saturday 25/June/2022 – 03:49 PM Ministry agencies continued interior At the level of the Republic, directing security campaigns in coordination with the Central Security Sector, to confront acts of bullying, apprehend outlaws, and holders of firearms and white goods, tighten security control, and intensify efforts to combat corruption crimes in all its forms and manifestations, … Read more
© Reuters Written by Noreen Burke Investing.com – Federal Reserve Chairman Jerome will be in the spotlight again this week when he testifies before Congress following the largest rate hike by the US central bank since 1994. The market will be following Powell’s comments along with those of several Fed officials. Other Feds who will … Read more