Abbot
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Oil looks set to reach $90 despite US production at near full capacity
WTI Oil closed off Thursday at $82.82, close to a fresh five-month high. Oil traders remain bullish despite recent US stockpile build-ups. The US Dollar Index trades in the green, and could post a fresh monthly high. Oil prices have been heading higher in recent weeks, with several elements painting
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Japanese Yen steady as Tokyo Core CPI ticks lower
The Japanese yen continues to have a quiet week and is unchanged in the European session at 151.17. Tokyo Core CPI inches lower to 2.4% Tokyo Core CPI, which excludes fresh food, eased to 2.4% y/y in March, a drop lower than the 2.5% gain in February and matching expectations. This inflation indicat
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Eyes on US core PCE after GDP surprises to the upside [Video]
The US printed a better-than-expected growth of 3.4% and Federal Reserve’s (Fed) Waller said that the recent economic data deserves delaying rate cuts and reducing the number of them, and that he wants to see ‘at least a couple of months of better inflation data’ before easing. But this is not what
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USD/CAD struggles to capitalize on its modest intraday gains, remains below 1.3600 mark
USD/CAD gains some positive traction on Thursday, though the upside remains capped. The Fed’s projected three rate cuts in 2024 caps the upside for the USD and the major. An uptick in Oil prices underpins the Loonie and contributes to keeping a lid on the pair. The USD/CAD pair attracts some buyers
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Are USD/JPY bulls ready for a new record high? [Video]
USD/JPY trades higher again, testing the October 21, 2022 high. Last week's events have renewed the bullish pressure as intervention risk increases. Momentum indicators support the bullish move; all eyes are on the stochastic oscillator. USD/JPY is continuing its journey north and it is now testing
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دور مكاتب الشغالات في القاهرة: تسهيل الحياة اليومية
تعتبر مكاتب الشغالات في القاهرة جزءًا أساسيًا من البنية التحتية الاجتماعية والاقتصادية في المدينة، حيث تلبي حاجات الأسر وتسهم في تسهيل حياتهم اليومية. يقدم هذا النوع من الخدمات حلاً مهماً للعديد من الأسر التي تحتاج إلى دعم في إدارة المنزل والرعاية عند عدم توفر الوقت الكافي لديهم أو القدرة على القيام
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GBP/USD drifts lower to 1.2620, UK GDP data looms
GBP/USD trades softer around 1.2630 in Wednesday’s early Asian session. The US Durable Goods Orders rose 1.4% in February against a 6.9% fall in January, better than expected. BoE’s Mann dampened expectations for large interest rate cuts this year. The GBP/USD pair edges lower to 1.2620 during the e
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Pull-up Update