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
The central bank of China has called on financial institutions to fight harder against... Read More
Monday, June 21Traditionally, the beginning of the trading week is accompanied by an empty economic... Read More
In financial circles, the opinions of specialists regarding the suitability of cryptocurrencies as... Read More
At yesterday's trading, oil prices experienced a record drop in a month on the back of a rise in... Read More
On Friday morning, the major stock indexes in Europe showed a decline after the comments of the US... Read More
According to the US Department of Labor, the number of applications for state unemployment benefits... Read More
The Federal Reserve is starting to talk about curtailing super-soft monetary policy, which may... Read More
The cost of black gold accelerated growth on Wednesday evening after the publication of statistics... Read More
The Netherlands, home to one of the world's premier natural gas trading hubs, TTF, is planning a... Read More
The partial closure of the Yantian terminal at the Chinese port of Shenzhen is putting the entire... Read More
On Tuesday, the oil market is on the rise again, as the declining prospects for an agreement on the... Read More
According to the latest forecast of the ECB, the growth of GDP in the eurozone this year will... Read More
On Thursday evening, world oil prices accelerated their growth, approaching $73 per barrel. The... Read More
US Internal Revenue Service (IRS) Commissioner Charles Rettig said Congress needs to give the tax... Read More
Libya's National Oil Corporation (NOC) CEO Mustafa Sanalla said the country has cut oil production... Read More
Gas prices in Europe remain at an all-time high, although gas prices generally fall in summer. The... Read More
US President Joe Biden said China should not be involved in the development of global trade and... Read More
The head of the European Parliament David Sassoli in his interview called for the admission of the... Read More
Monday, June 7The beginning of the week is traditionally calm and all the market's attention will... Read More
Klaus Ernst, chairman of the Bundestag Committee on Economics and Energy, said that the Nord Stream... Read More
Analysts believe that the oil market is currently in the final phase of its growth cycle, and... Read More
The US Federal Reserve Beige Book was published last night – a document containing summaries and c... Read More
According to analysts, Ethereum has more practical value than Bitcoin. In particular, we are... Read More
J.P. Bank experts Morgan predicts that it is too early to wait for a recovery in Bitcoin, which is... Read More
After the completion of the OPEC+ ministerial meeting, Brent quotes rose to $71.30 per barrel. The... Read More
Monday, May 31Traditionally, the macroeconomic calendar on Monday is almost empty. Only data on... Read More
According to the US Department of Labor, the number of Americans who filed new applications for... Read More
World prices for «black gold» rose on Wednesday evening after the US Department of Energy announced ... Read More
On Tuesday, Wall Street's major indices opened higher as the largest-cap hi-tech stocks... Read More
On Monday, the price of gold is growing against the background of a weakening US dollar and a... Read More
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