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
With the global uncertainty concerns, the European Central Bank is expected to have a... Více
The BRICS (Brazil, Russia, India, China and South Africa) leaders will have a three-day meeting in... Více
India and Uganda made a deal to expand bilateral cooperation in terms of defense and economy after... Více
Consumer confidence in the eurozone remained the same in July, signifying steadfast growth in the... Více
The Deutsche Bundesbank assessed that the American economy would likely take advantage of the steep... Více
China’s registered unemployment rate for the urban category dropped to 3.83 percent at the latter d... Více
Germany increased its economic sanctions against Turkey and eased down its travel advisory as... Více
The Leading Economic Index by the Conference Board was able to expand by a half percent this month,... Více
The annual exports of Thailand forecast an increase of 9.50 percent in June after a sluggish rate... Více
The provincial economies of New Zealand were able to drive economic growth, reinforcing the price... Více
The strong economic growth of the United States will help the central bank to maintain its gradual... Více
Income growth in Britain showed down at its weakest rate in six months despite positive figures in... Více
The 1950-53 Korean War ended under the Presidency of South Korean leader Moon Jae-in and... Více
The Annual inflation rate of Malaysia declined to 1.3 percent in June from 1.8 percent the month... Více
China’s economic performance slackened during the quarter ending in June, which increased c... Více
The economy of Ireland is projected to reach its highest record in 2018 based on the latest outlook... Více
Growth forecast of China increased this year, which is unexpected amid the escalating trade war... Více
The World Bank issued the updated economic figures for previous year which showed that India held... Více
The economy of Singapore progressed at a slower rate in the second quarter with the manufacturing... Více
The assessment for Australian consumer sentiment climbed to its highest level since late July 2013... Více
The British economy has gained track in May after its slowdown in early 2018, based on the official... Více
The Bank of Japan (BOJ) kept an optimistic forecast for its entire nine Japanese regions on Monday.... Více
Job openings in Canada added 31,800 jobs in June compared to the poll of 24,000 on analysts by... Více
According to the French government yesterday, the United States should anticipate combined forces... Více
The eurozone business growth climbed higher in June that incites the European Central bank to... Více
The latest annual review by the International Monetary Fund's (IMF) to the New Zealand economy... Více
The Canadian currency was able to gain strength against the American dollar yesterday as oil prices... Více
The Reserve Bank of Australia (RBA) sustained the interest rates at a record low for 23 consecutive... Více
Exports from South Korea had fallen in June following a strong rebound in May amid issues on trade... Více
The U.S. economy slowed down compared in the first quarter as the consumer spending has performed... Více
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