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
Japan has exceeded the initial estimate in the last quarter of 2017 compared to the initial... Více
The U.S. economic condition declined to the tightest level in almost 10 months after the recent... Více
The People's’ Bank of China lent 105.5 billion yuan or $16.67 billion to various banks on Wednesday ... Více
The central bank of Australia maintained the interest rates at a record low on Tuesday, which is... Více
The national currency of Canada lost its strength to an eight-month low against its U.S. rival... Více
The services sector in China slightly slid down but it remained steadfast in February that induced... Více
The UK manufacturing cooled down slightly compared with the highs of 2017, as presented in an... Více
The Japanese economy is projected to grow faster in the last three months of 2017 versus the... Více
The economic growth of U.S. was revised downward but the 2.5 percent annual rate is still a good... Více
The total unemployment rate in Germany for February came in lower than expected, as the employment... Více
The central bank will have a gradual normalization of the monetary policy and they have to take... Více
More demand for safe-haven assets and low productivity growth induce the Federal Reserve to keep... Více
Export orders of Taiwan are predicted to reach an 18th consecutive month high in January but at a... Více
The data released on Monday indicates that the industrial production of Singapore shows... Více
The foreign trade rose by 0.6 percent for the last quarter in Germany, as the biggest economy,... Více
The economic growth of Britain tends to move at a slower pace compared to the fourth quarter last... Více
The economy returned to a 3 percent growth due to the new policies of Donald Trump, according to... Více
According to the most recent released minutes of meeting by the Fed, several officials predict that... Více
The Bank of Korea is ready to face any unfavorable outcome following the policy tightening in the... Více
Scotiabank stated that the delay in the construction of oil pipeline led to a sharp reduction in... Více
Bank of Japan Governor, Haruhiko Kuroda, was reappointed for the next five-year term and it also... Více
The projection of Goldman Sachs shows extreme financial losses which have the tendency to slow down... Více
The confidence of Japanese manufacturers has had a huge drop in February following a high reading... Více
The jobless rate in France had decline generally, but there are no immediate solutions for skill... Více
The Japanese economy should have recovered following the decline of stocks and strengthening of yen... Více
After seven years, the economic growth of the Eurozone increased faster compared with the British... Více
China could possibly reduce its efforts to control risks within the financial sector to secure the... Více
The Bank of Japan Governor, Haruhiko Kuroda, emphasized the necessity of the nation to have a... Více
Local governments of Beijing were pressured to settle their financial problems while a new rule on... Více
The US administration is working out the details of its investment plan towards America’s weakening ... Více
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