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 Japanese economy has slipped into recession for the first time in four and a half years in the... Více
According to the Statistical Office of the European Union (Eurostat), the eurozone economy in the... Více
According to the forecast of the UN Department of Economic and Social Affairs, the global economy... Více
UK retail sales plummeted last month as coronavirus control measures limited consumer... Více
China freed another group of American goods from higher import duties, which were introduced at the... Více
The President of the European Commission said that EU countries could face the second wave of the... Více
According to the US Department of Labor, unemployment in April updated the record since 1940 and... Více
According to the German Ministry of Economics and Labor, industrial production in the country fell... Více
According to a US employment report from ADP, a record 20.236 million Americans lost their jobs in... Více
According to trading data, the main US indices are growing amid the emergence of prospects for the... Více
Ernesto Ferlenghi, president of Confindustria Russia (Association of Italian Industrialists in... Více
According to Baker Hughes, an American oil and gas service company, the number of oil and gas... Více
According to the results of the meeting on Thursday, the European Central Bank (ECB) kept the base... Více
According to the first estimate, US GDP in the first quarter of 2020 fell by 4.8%. Analysts had... Více
According to the National Statistical Institute of Spain, the country's unemployment rate rose to... Více
On Monday, the price of gold began to decline amid rising risk appetite after signs that countries... Více
The University of Michigan Consumer Sentiment Index, which reflects household confidence in the US... Více
Business activity in the eurozone in April reached another record low, which is a sign that the... Více
According to the National Statistical Office (ONS) of Great Britain, consumer prices in March rose... Více
The situation in the oil market has again become the focus of attention of traders. For the first... Více
Today China for the second time since the beginning of the year lowered lending rates to support... Více
According to the US Department of Labor, the number of American citizens applying for unemployment... Více
US President Donald Trump announced that the United States is completing funding for the World... Více
According to analysts, China's economic growth may slow to a minimum in almost half a century due... Více
Saudi Arabia again went against its colleagues under the OPEC+ agreement and seems to have decided... Více
The finance ministers of the European Union (EU) have agreed on a plan to save the bloc’s economy i... Více
According to the US Department of Labor, in the first week of April, the number of initial... Více
Eurozone finance ministers held a videoconference, during which they expected to agree on the main... Více
Industrial production in Germany in February unexpectedly showed an increase. At the same time, the... Více
According to Sentix analytics, investor sentiment in the eurozone fell to a record low in April, as... Více
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