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Inflation accelerates among looming commodities prices

News of the day, Friday, March 11

Oil prices fall for a second day in a row after President Vladimir Putin pledged Russia will stand by its energy commitments to any oil consumer, even countries that have imposed sanctions after the invasion in Ukraine. Russia exports about 10% of world …

Gold analysis

Gold prices started a bearish rebound movement to the downside and failed to breach the top level of 2070.00, which was formed two days ago, to return to the decline and breach the $2000 barrier for an ounce and to settle today at 1980.00 levels.

Prices are moving between the …

GBP/USD currency pair analysis

The GBP/USD pair started a bullish rebound movement to the upside in an attempt to end the down trend. Then, prices rebounded from the support 1.3090 and reached the resistance level 1.3180. And that is after the price managed to breach the level of the moving averages 20-7, while the …

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