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
According to the International Monetary Fund, the economic recovery of Switzerland may be disturbed... Read More
The forecast consumer inflation pressure for the year is presumed to be in a “mild” manner as the pr... Read More
According to a report, UK car sales are expected to decline for in 2018 alongside the softening of... Read More
On Wednesday, the Federal Reserve of the United States finally lifted its key interest rates which... Read More
German private sector growth slightly weakened for this month due to slackening performance of... Read More
The unemployment rate in Australia surged last month since the total part-time jobs declined and... Read More
The manufacturing activity of Japan grew at a gradual pace this month compared to February, showing... Read More
The Fed Reserve implemented the interest rate hike yesterday (March 21) and expected to have two... Read More
The Federal Reserve is anticipated to execute the rate hike on its first policy meeting under... Read More
Fiscal revenue of China soared from January to February of the year to 15.8 percent year-on-year... Read More
The Chinese government opted for a proactive fiscal policy but still cautious in a neutral monetary... Read More
Japanese Trade Minister Hiroshige Seko says the possibility for exemption on U.S. tariffs on some... Read More
The disapproval rating of Prime Minister Justin Trudeau from the Canadian rose higher than 50... Read More
The government debt of the Japanese central bank increased in the last quarter of the year amid the... Read More
The British Chambers of Commerce (BCC) lifted its forecast for the UK economic growth, however,... Read More
The global oil demand gained momentum at a faster rate this year and it is still improving that... Read More
On Thursday, the Bank of France had an upward revision of its forecasts for growth and inflation,... Read More
The Trump administration is pushing China to reduce its trade surplus by $100 billion with the... Read More
The economic growth of New Zealand for the final quarter of 2017 showed weaker figures than the... Read More
The American economy is on course to expand by 1.9 percent annualized rate in the first quarter,... Read More
The European Central Bank has to have distinct policy guidance as the current framework will not be... Read More
The real estate investment in China soared to 9.9 percent from January to February of 2018 in the... Read More
According to the Organisation for Economic Co-operation and Development (OECD), the British economy... Read More
The wholesale prices in Japan increased by 2.5 percent year-on-year in the previous month,... Read More
France and India had a mutual agreement to launch an international "solar revolution" aimed to... Read More
OPEC could assent the oil output reduction for next year to begin in June, according to the... Read More
The credit markets in Canada have increasing risks according to a major global finance group that... Read More
China has veered away from the previous growth model which is largely dependent on investments but... Read More
Japan’s household expenditure in January had rebounded but wage labor had declined at its most r... Read More
The EU free trade agreements still expected to cost the UK by 4.8 percent of its projected economic... Read More
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