The DXY dollar index soared to a 3-week high of 102.05, bringing the EUR/USD pair to strong support at 1.10. The dollar's recovery is driven by strong data on the US economy and labor market, as well as expectations of a slowdown in the Fed's rate cuts.On Thursday, the dollar index reached a six-week high, supported by indicators of the service sector and a positive picture on the labor market. The probability of a Fed rate cut by 50 bps in November fell to 32%, which led to a 1.5% strengthening... Прочетете още
Morgan Stanley’s economists believe that a recovery in global growth will occur in the first q... Прочетете още
US industrial production fell 0.8% in October from the previous month. Analysts forecasted a... Прочетете още
The trade talks between US and China were again in limbo, as the parties still disagree on a number... Прочетете още
Yesterday in a speech to the Economic Club of New York US President Donald Trump announced the... Прочетете още
After more than 6 years of negotiations, a group of 15 Asia-Pacific countries is going to sign the... Прочетете още
Oman’s energy minister Mohammed bin Hamad al-Rumhy said today, that OPEC and non-OPEC producers w... Прочетете още
Gold prices continue to show the worst performance over the past two years, responding to positive... Прочетете още
The European Central Bank said in its economic bulletin, that the eurozone economy will continue to... Прочетете още
Market players are again thrilled by the news: China is insisting on the abolition of additional US... Прочетете още
Based on trading session data, the price of gold went up during the evening trading. The current... Прочетете още
According to the official results released on Monday, the services sector in China slowed down for... Прочетете още
Australian consumer sentiment weakened in September as they worry on modest recovery in the housing... Прочетете още
The 30-yield US Treasury yields plunged to an all-time low as people get wary of recession and... Прочетете още
Japan’s core inflation dropped at a two-year low in July that puts pressure to the central bank as t... Прочетете още
The US price imports grew unexpectedly in July even if the main trend remains weak amid subdued... Прочетете още
Oil prices slid down on Wednesday from recent big losses with Sino-US trade war that affects the... Прочетете още
There has been volatility in the market over the past trading hours as traders weigh the progress... Прочетете още
On Tuesday, the Reserve Bank of Australia adjusted their rates at an all-time low at 1% which was... Прочетете още
The German retail sales grew in June, exceeding the figures over 12 years. Also, data on... Прочетете още
Eurozone’s economic standing in July did not get better, not surprisingly given the negative s... Прочетете още
The industrial sector of China dropped in June after short-lived gains, which raises concerns that... Прочетете още
Markets were signaled for more easing after the European Central Bank meeting on Thursday. This... Прочетете още
The exports of Japan dropped for six consecutive months in May, particularly semiconductor... Прочетете още
The central bank of Japan maintained its monetary policy on Thursday. Moreover, they elucidated... Прочетете още
Bank of England Governor Mark Carney expects a steady slower pace economic growth globally but... Прочетете още
Inflation in India increased slightly in January but still below the target of the central bank for... Прочетете още
The US Federal Reserve shift their monetary policy into slightly hawkish than the expected neutral... Прочетете още
Japanese activity in the Japanese sector grew in January because of an increase in domestic demand... Прочетете още
Export orders dropped at the fastest rate in Japan in over 2 years, resulting in a hampered growth... Прочетете още
According to Prime Minister Theresa May, Britain will leave the European Union on 29th of March... Прочетете още
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