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... Read More
Bobby Lee, one of the first crypto billionaires in China and the founder of the BTC China crypto... Read More
On Monday, the oil market showed a decline in Brent to $72.23 per barrel, which, however, was... Read More
Monday, July 26On Monday, the macroeconomic calendar is almost empty again, and the market will... Read More
The oil market is showing an upturn at the end of the week after the release of data on US oil... Read More
According to the US Department of Labor, the number of initial applications for unemployment... Read More
Russia is trying to help resolve disputes between Saudi Arabia and the UAE in negotiations on a... Read More
The leaders of the European Central Bank (ECB) announced that the regulator will raise the... Read More
The European Commission has revised upward its estimates of economic growth in the eurozone in 2021... Read More
Goldman Sachs experts are confident that in the future Ethereum will be able to take the place of... Read More
The price of gold on Tuesday is growing, breaking the key level of $1,800 per troy ounce. The... Read More
The main stock indexes in Europe on Tuesday decreased after the publication of statistics on... Read More
On Tuesday, Brent crude prices started to rise and hit their highs since 2018 at $77.80 a barrel.... Read More
On Monday, the rate of the single European currency began to rise after the publication of... Read More
The UAE intends to abandon the plan to extend the oil production limitation agreement beyond April... Read More
Monday, July 5On Monday, the final data on business activity in many countries, both composite and... Read More
The US Labor Department released its June employment report, according to which the country's... Read More
The S&P 500 started July with a record high (4,310.56) after the release of data on the number... Read More
According to a weekly survey by the Energy Information Administration of the US Department of... Read More
The US stock market showed a decline on Wednesday evening, after the release of data on employment... Read More
Despite the fact that the ECB's Emergency Procurement Program for Eurobonds to combat the pandemic... Read More
Oil prices are falling on Monday, reaching $74.15 a barrel, although a couple of days earlier... Read More
On Monday, the US stock market demonstrated strong growth amid progress in agreeing on a bill by US... Read More
Monday, June 28 Monday traditionally starts quietly and calmly, as the macroeconomic calendar... Read More
Tesla founder Elon Musk once again took advantage of his influence on the cryptocurrency market,... Read More
Major US stock indexes are growing on Thursday, updating all-time highs, on the back of the... Read More
The oil market is strengthening on Thursday, showing an increase in Brent quotes to $75.75 per... Read More
The representative of the international agency Moody’s, which monitors the state of economies in d... Read More
Over the past day, the cryptocurrency market collapsed, and the fall of some assets was 10-20%. The... Read More
World oil prices hit a new two-year high, rising to $75.28 for the first time since 2019. Since the... Read More
Oil prices rise moderately on Monday amid strong fuel demand thanks to the summer auto season.... Read More
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