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... Více
The head of the European Central Bank, Christine Lagarde, said during her speech that the regulator... Více
According to the American Institute for Supply Management (ISM), the index of business activity in... Více
According to the US Institute for Supply Management (ISM), the US Manufacturing Index (ISM... Více
According to the Energy Information Administration of the US Department of Energy, commercial oil... Více
The U.S. stock market is consolidating after two days of gains awaiting the first presidential... Více
According to the State Secretariat for Economic Affairs (SECO) of Switzerland, the country's GDP... Více
Oil prices fell on Thursday amid uncertainty about the outlook for the global economy and the... Více
According to the Energy Information Administration (EIA) of the US Department of Energy, the volume... Více
On Tuesday, the UK said it intends to abandon the return of people to their usual jobs in an... Více
The British authorities announced that they are considering the possibility of canceling the Tax... Více
According to the UK National Statistical Office (ONS), retail sales in August increased 0.8% from... Více
World Bank Chief Economist Carmen Reinhart, speaking at the Trends 2021 online forum, said that the... Více
According to the Office for National Statistics (ONS), inflation in Great Britain in August in... Více
According to the September OPEC report, the organization downgraded the forecast for world oil... Více
Today it became known that the UK and Japan signed the first trade agreement after Brexit. At the... Více
The euro rose significantly after the meeting of the European Central Bank, at which the regulator... Více
Job vacancies in the US increased in July, with more workers leaving retail and professional and... Více
The US has said it is considering a ban on Chinese cotton products from Xinjiang. The US cited... Více
British Prime Minister Boris Johnson said that a Brexit trade deal with the European Union should... Více
According to the US Bureau of Labor Statistics, an additional 1.371 million nonfarm jobs were... Více
According to the US Department of Labor, the number of initial applications for unemployment... Více
According to the Federal Agency for Employment of Germany, the number of unemployed in Germany in... Více
The German authorities have improved their forecast for the outlook for the economy in 2020 amid... Více
According to Statistics Canada, the country's economy contracted by a record 11.5% in the second... Více
The US Federal Reserve System (FRS) announced today that it will further ease its inflationary... Více
The European trading session began extremely cautiously, as market participants are awaiting the... Více
The euro is showing growth after the publication of strong statistics from Germany, while the... Více
The American trading session opened with growth as the United States recorded its lowest... Více
EU negotiator Michel Barnier said that negotiations on a trade and economic deal between the EU and... Více
The number of initial jobless claims rose unexpectedly to 1.106 million, according to the US Labor... Více
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