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
Morgan Stanley’s economists believe that a recovery in global growth will occur in the first q... Více
US industrial production fell 0.8% in October from the previous month. Analysts forecasted a... Více
The trade talks between US and China were again in limbo, as the parties still disagree on a number... Více
Yesterday in a speech to the Economic Club of New York US President Donald Trump announced the... Více
After more than 6 years of negotiations, a group of 15 Asia-Pacific countries is going to sign the... Více
Oman’s energy minister Mohammed bin Hamad al-Rumhy said today, that OPEC and non-OPEC producers w... Více
Gold prices continue to show the worst performance over the past two years, responding to positive... Více
The European Central Bank said in its economic bulletin, that the eurozone economy will continue to... Více
Market players are again thrilled by the news: China is insisting on the abolition of additional US... Více
Based on trading session data, the price of gold went up during the evening trading. The current... Více
According to the official results released on Monday, the services sector in China slowed down for... Více
Australian consumer sentiment weakened in September as they worry on modest recovery in the housing... Více
The 30-yield US Treasury yields plunged to an all-time low as people get wary of recession and... Více
Japan’s core inflation dropped at a two-year low in July that puts pressure to the central bank as t... Více
The US price imports grew unexpectedly in July even if the main trend remains weak amid subdued... Více
Oil prices slid down on Wednesday from recent big losses with Sino-US trade war that affects the... Více
There has been volatility in the market over the past trading hours as traders weigh the progress... Více
On Tuesday, the Reserve Bank of Australia adjusted their rates at an all-time low at 1% which was... Více
The German retail sales grew in June, exceeding the figures over 12 years. Also, data on... Více
Eurozone’s economic standing in July did not get better, not surprisingly given the negative s... Více
The industrial sector of China dropped in June after short-lived gains, which raises concerns that... Více
Markets were signaled for more easing after the European Central Bank meeting on Thursday. This... Více
The exports of Japan dropped for six consecutive months in May, particularly semiconductor... Více
The central bank of Japan maintained its monetary policy on Thursday. Moreover, they elucidated... Více
Bank of England Governor Mark Carney expects a steady slower pace economic growth globally but... Více
Inflation in India increased slightly in January but still below the target of the central bank for... Více
The US Federal Reserve shift their monetary policy into slightly hawkish than the expected neutral... Více
Japanese activity in the Japanese sector grew in January because of an increase in domestic demand... Více
Export orders dropped at the fastest rate in Japan in over 2 years, resulting in a hampered growth... Více
According to Prime Minister Theresa May, Britain will leave the European Union on 29th of March... Více
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