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Aktuelle Wirtschaftsnachrichten

The dollar is strengthening, the euro is falling: all attention is on the US labor market

October, 04 2024

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

Aktuelle Wirtschaftsnachrichten

The dollar is strengthening, the euro is falling: all attention is on the US labor market

Alle Nachrichten

US Commerce Secretary Ross to Reduce Gap in China

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Bank of England Maintained Steady Rates on Weak Data

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Japan’s Consumer Real Wages Grew for The First Time in March

British Consumer Economy Fails to Rebound

Turkish Central Bank Kept Tighter Monetary Policy Despite Higher Top Rate

US Economy Strengthen, says Barkin

Germany Industrial Orders Dropped for the third successive month in March

Japan’s Central Bank Cautioned Premature Exit Debate

U.S. Non-manufacturing sector dropped 2 points in April

Trade Surplus in Australia Increase, Signal Growth Recovery in Q1

Fed’s Inflation Rate Kept Unchanged Near Target

Eurozone GDP Growth Decline in Q1

Japan’s Services Sector Fastest Growth Over Six Months in April

UK Household Borrowing Shrunk to its Lowest Level

China’s PMI Services Industry Rose to 54.8 in April

British Firms are Optimistic despite Weak UK Economy

France’s Low Investments Slowed Down First-quarter Growth

Successful Italian Economic Plan Despite Political Stalemate

Bank of Canada Positive Outlook in Raising Rates, Poloz says

S. Korean Economy Expanded by 1.1 pc in First Quarter

U.S. Economy Strengthen: Higher Consumer Confidence and More Home Sales

Germany’s Expected GDP Forecast for 2018 Declined to 2.3 percent

Australia’s Inflation Rate Slowed Down in Q1

Consumer Prices in Singapore Grew by 0.2% in March

Cryptocurrency Trading Banned On Iran

Japan’s Manufacturing Growth Increase but Export Decline

Japan’s FM Aso Cautions the G20 on the Impact of Protectionism in the Market

Lackluster German Economy is Expected in Q1, Finance Ministry says