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
Private economists polled on Monday stated that the increase of tax cuts for the American economy... Прочетете още
Japan’s services sector activity rose at a sluggish pace in May than the previous month given the e... Прочетете още
Britain would only sign a trade deal with the United States if the agreement would be valuable for... Прочетете още
Zanda Kalnina-Lukasevica, Foreign Ministry’s parliamentary secretary of Latvia states that the c... Прочетете още
China’s manufacturing sector grew at a steady pace in May given the improvement in production and d... Прочетете още
The two Italian anti-government political organizations, 5-Star Movement and League Party said on... Прочетете още
Japan's industrial output did not meet expectations for the month of April according to data on... Прочетете още
The US economy demonstrated growth during the first quarter of 2018, but the results showed... Прочетете още
Ficci issued a report today showing that GDP growth of India is projected at 7.1 percent for the... Прочетете още
The consumer confidence bounced higher in May but households are skeptical regarding the outlook of... Прочетете още
The jobless rate of Japan has remained the same in April, as well as the job openings according to... Прочетете още
According to PwC, drones are predicted to increase British economy by £42 million in 2030 since the ... Прочетете още
On Monday, Japan’s Prime Minister Shinzo Abe stated that he would try to persuade U.S President D... Прочетете още
The People’s Bank of China adjusted their rates higher on the 28-day reverse bond repurchase a... Прочетете още
Net external assets of Japan declined for three consecutive years in 2017 following the increase of... Прочетете още
Based on the survey released on Friday, UK households became less confident this month relative to... Прочетете още
China already has plans to reduce tariffs on imports of some consumer products from food and... Прочетете още
The data from the Ministry of Trade and Industry showed that manufacturing remained to be the major... Прочетете още
Singapore’s Inflation in the previous month was lower than expected because of the slow rate of p... Прочетете още
The European bloc confirmed yesterday the start of free trade negotiations with Australia and New... Прочетете още
Japan’s central bank Governor Haruhiko Kuroda plans to tell the market its goal of ending the e... Прочетете още
Germany’s economy had a strong growth amid weak data from the largest economy in Europe earlier in 2... Прочетете още
The retail sales volume in New Zealand had expanded during Jan-Mar period but also recorded its... Прочетете още
The factory output in the U.S. increased in April despite the low output on manufacturing and... Прочетете още
Consumer prices in Japan had increased by 0.7 percent in the previous month, according to the data... Прочетете още
The U.S. building permits dropped in April, indicating the housing market is trying to keep afloat... Прочетете още
According to the Standard & Poor's chief economic policymaker assessment on Thursday, the South... Прочетете още
The largest economy cooled down sharply in the first quarter despite the onset of flu and strikes,... Прочетете още
The French economy is projected to expand by 0.3 percent during the period of April-June, this... Прочетете още
The industrial output of China rose to 7.0 percent in April compared last year which has been... Прочетете още
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