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
Following a loose monetary policy for a decade, the Federal Reserve will probably increase their... Прочетете още
The jobless rate in Australia was unchanged in March compared with the revised forecast in the past... Прочетете още
The International Monetary Fund issued its two-yearly assessment for New Zealand and showed that... Прочетете още
China’s economy advanced at a slightly faster-than-anticipated rate of 6.8 percent in the first q... Прочетете още
The recent forecasts show that economic data continue to feel the impact of the cold weather... Прочетете още
The annual inflation in Malaysia is anticipated to rise by 1.6 percent in March which has risen to... Прочетете още
Chinese economy slowed down gradually in Q1 due to government struggle over credit and financial... Прочетете още
China’s exports dropped unexpectedly in March which has been drop over a year since February 2017. T... Прочетете още
Based on the survey of company directors, the optimism on the British economy has improved compared... Прочетете още
The central bank of South Korea kept their interest rates unchanged on Thursday as Governor Lee... Прочетете още
The new Chairman of the Fed Reserve, Jerome Powell officiated the interest rate hike in March... Прочетете още
The Japanese core machinery climbed higher unexpectedly for the month of February, for a second... Прочетете още
The industrial output of Italy suddenly weakened in February which further showed signs that growth... Прочетете още
Following the weakened data from the eurozone economic indicators, the European Central Bank does... Прочетете още
Asset bubble in Tokyo could be reversed for a long run since the economic expansion in the 1980s as... Прочетете още
According to National Economic Council Director Larry Kudlow, US President Donald Trump... Прочетете още
The central bank of Colombia is not yet certain of food price increase in the second half of the... Прочетете още
India and Sweden joined hands in pioneering seed money to support start-ups in some sectors, said... Прочетете още
The service sector in Japan grew at a slower manner in the period of one year and five months with... Прочетете още
Other concerns affiliated with financial institutions especially on Shadow banking risks in China... Прочетете още
Consumer spending in South Korea declined to its record low in 2017 alongside the dull employment... Прочетете още
Minimal inflation is anticipated by the corporate of Japan that is likely to remain in the next... Прочетете още
The factory activity in the United States had slowed down for the month of March alongside the... Прочетете още
Exports from Turkey was recorded to be in the total value of $15.1 billion for the month of March,... Прочетете още
The manufacturing activity of Japan had improved in a gradual momentum last month, as shown in the... Прочетете още
Economic activity in China continues to be strong in the first quarter with hiring almost reaching... Прочетете още
According to the Japanese Prime Minister Shinzo Abe, plans of sales tax hike will still be pushed... Прочетете още
Great Britain should expect a slower economic growth in case that immigrants will leave after the... Прочетете още
The consumer sentiment index of South Korea in March had a dip for four consecutive months towards... Прочетете още
The Fed President of Cleveland Loretta Mester believes that the trade war breakout fixes... Прочетете още
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