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EGP

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Analysis and statistics

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About

EGP.FOREX most likely refers to the Egyptian Pound (EGP) in the foreign exchange (FOREX) market. It's a notation used to identify currency pairs involving the Egyptian Pound, typically against another currency such as the US Dollar (USD/EGP). However, it is important to note that the Egyptian Pound is not a widely traded currency in the global Forex market, and its availability and liquidity may be limited on many trading platforms.

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Factors

Interest Rates: Higher Egyptian interest rates can attract foreign investment, increasing demand for EGP and strengthening its value.

Inflation: High inflation erodes purchasing power, potentially weakening the EGP as goods become more expensive.

Economic Growth: Strong economic performance usually strengthens the EGP due to increased investor confidence.

Political Stability: Political unrest can weaken the EGP due to uncertainty and capital flight.

Government Debt: Large government debt can raise concerns about financial stability, potentially weakening the EGP.

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Markets

  • Palladium - Cash

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    -1.37%
  • EUR/USD

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    0.00%
  • Cotton

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    --

    -0.91%
  • AUD/USD

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    --

    0.11%
  • Santander

    chartpng

    --

    -1.33%
  • Apple.svg

    Apple

    chartpng

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    0.42%
  • easyJet

    chartpng

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    0.03%
  • VIXX

    chartpng

    --

    -0.82%
  • Silver

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    -0.71%
  • USA 30 - Futures

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    0.16%
  • Crude Oil Futures

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    --

    -0.80%
  • Natural Gas

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    -2.39%
  • Vodafone

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    -0.33%

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