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 price of gold dropped today below the level of $2,000 per ounce (to $1,987.93) amid the... Více
According to the US Department of Commerce, the number of new homes in the US in July increased by... Více
The OPEC+ Technical Committee said that in July the level of execution of the deal by OPEC... Více
According to the second estimate of the European statistical agency Eurostat, the GDP of the EU... Více
Negotiations between Republicans and Democrats in Congress on the next round of economic aid... Více
The consumer price index in the US in July accelerated its growth to 1% in annual terms. The June... Více
According to the US Department of Labor, producer prices in the country (PPI) in July 2020 rose by... Více
The US stock market started the week in a positive mood amid hopes for a compromise on a new... Více
According to the US Bureau of Labor Statistics, only 1.763 million jobs were created in the nonfarm... Více
According to the US Department of Labor, the number of Americans who filed initial applications for... Více
Deputy Chairman of the Federal Reserve System (FRS) Richard Clarida expects the US economy to... Více
On Tuesday evening, the price of gold started to rise sharply, reaching $ 2.001 per troy ounce. The... Více
According to the research organization Markit Economics, the index of business activity (PMI) in... Více
According to the statistical agency Eurostat, the GDP of the EU countries in the II quarter fell by... Více
According to the US Department of Commerce, US GDP in the second quarter contracted by a record... Více
On Thursday, the European stock market crashed after the publication of the German GDP report and... Více
Oil prices started to rise after the publication of a report from the US Energy Information... Více
A two-day meeting of the US Federal Reserve System starts today, following which the regulator will... Více
On Monday evening, the US dollar accelerated its decline in pairs with major foreign exchange... Více
According to the trading data, the main US stock indexes are declining on Friday, as investors... Více
The UK's chief Brexit negotiator David Frost said today that Britain and the EU have failed to... Více
At the auction on Wednesday, American stock indices generally show a decline, reacting to the... Více
Indian authorities have announced that the country plans to store part of its crude oil reserves in... Více
The EU summit, following which the leaders of the EU countries should discuss a package of... Více
Mexican President Andres Manuel Lopez Obrador said the country has fulfilled its part of the OPEC+... Více
According to the US Department of Labor, the number of initial applications for unemployment... Více
The European Commission has announced that it has approved a plan by Germany to create a fund of... Více
According to the report of the American oilfield services company Baker Hughes, the number of... Více
According to the European statistical agency Eurostat, retail sales in the eurozone in May rose by... Více
According to the US Department of Commerce, the country's foreign trade balance deficit amounted to... Více
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