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 European Union warns the Trump administration that the newly-imposed tariffs on automotive... Více
The International Monetary Fund (IMF) suggests that India should implement reforms on the... Více
Japan’s industrial output declined by 0.2 percent in May compared to the previous month, which is t... Více
The manufacturing sector of China muted slightly in June following the unexpected rally in May due... Více
Several forecasting experts suggest that the American economy could reach 5% growth during the... Více
The business confidence survey of New Zealand signifies a slowdown in the economy that could lead... Více
The House of Commons speaker made an announcement yesterday about the bill approval on Brexit which... Více
Housing starts rose as the summer approaches despite high selling rates and low home inventory. A... Více
The Reserve Bank of New Zealand is expected to maintain the interest rates this week and there are... Více
According to a French minister, there were nine European countries expected to lay out their plan... Více
The core inflation of Japan is still low in the month of May, signifying that the central bank is... Více
Bank of England’s key interest rate remained steady at 0.5 percent according to the announcement m... Více
An official from International Monetary Fund told Nikkei that Japan should boost its consumption... Více
The U.S. money market fund assets plunged to the lowest figure over two years as companies arrange... Více
The economy of France dropped from 2.3 percent to 1.7 percent this year, according to the forecast... Více
The economic assessment of Japan was remained steady, showing gradual recovery and policymakers... Více
The Swiss National Bank announced the decision to maintain an ultra-loose monetary policy on... Více
Atlanta Fed President Raphael Bostic told on Monday that fears on potential trade conflict will... Více
Japan’s exports increased by 8.1 percent May from the same period last year due to higher shipment o... Více
The British economy showed hints of growth at its weakest rate from 2009 until 2018 because of... Více
China’s economy is starting to cool off following after lending concerns on riskier lending that f... Více
The Federal Reserve revised upward its economic forecast for the United States on Wednesday. The... Více
The consumer price of the U.S. increased slightly in May despite the slower growth of gasoline... Více
The measure of consumer sentiment in Australia showed a marginal increase in June on the back of... Více
The economy ministers of France and Germany had a meeting this weekend in order to talk about the... Více
China’s exports grew steadily in May by 12.6 percent, sight lower than the month of April. N... Více
The Confederation of British Industry (CBI) thinks that the UK government should shift its focus on... Více
The central bank is not in a hurry to reduce the collection of government bonds due to its stimulus... Více
Australia has sustained their growth in nearly two years in the previous quarter, sustaining 27... Více
The European Union is trying to convince the countries Canada, Japan, and Mexico to work together... Více
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