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 U.S economy is expected to expand by 2.7 percent in 2018 due to President Trump’s tax r... Read More
Consumer prices in Japan are anticipated to gain for the 12 consecutive months in December.... Read More
As shown in the official data, the Chinese economy expanded by 6.9 percent last year which is the... Read More
Inflation in the eurozone moved further away from the target of the European Central bank for... Read More
The U.S. Inflation expectations increased in December and reached the highest level for months... Read More
The inflation rate of Britain edged lower for the first time in six months in December, which was... Read More
Based on the ANZ-Roy Morgan survey, the consumer confidence of Australia increased more than... Read More
Regulation of cryptocurrencies should be created at a larger scale and includes all counties since... Read More
Majority of Poland has supported the conservatives instead of the opposition party following the... Read More
The Great Britain failed to have an impressive an economy in 2018 based on a major poll on... Read More
The economy minister of Japan, Toshimitsu Motegi, says that the government needs to check various... Read More
The Bank of France published a report yesterday which showed improvements in the services and... Read More
Japan will extend their target main budget surplus by two years until fiscal 2027. The government... Read More
The retail sales of Australia showed up its largest monthly increase in four years in November due... Read More
Based on the Thinktank's forecast, the longest period of increasing factory output in Britain over... Read More
Job openings in Australia have exceeded its past recorded figures from September to October in 2017... Read More
French President Emmanuel Macron had an official visit to China for the first, securing... Read More
German industrial economy resumed its positive path amid delays in manufacturing orders on the... Read More
House prices in Britain dropped for the first time after six months in December despite economic... Read More
According to the central bank of China, open market operations will be postponed on Monday as... Read More
The Nikkei Composite PMI™ Output Index maintained a steady rate at 52.2 during the month of D... Read More
Based on the adjusted Emirates NBD Saudi Arabia Purchasing Manager’s Index. The non-oil private s... Read More
American companies ended 2017 with a strong recruitment during December, with the highest jobs... Read More
The Federal Reserve officials predict the reductions in corporate and personal taxes will step-up... Read More
Malaysian exports are foreseen to increase at a slower annual pace compared to the prior month last... Read More
The Bank of Canada published a new report regarding its projection for the Canadian economy. It... Read More
Majority of the economists predicted that the economy of Japan will continue to grow this year.... Read More
South Korea aims to maximize the potential to raise capital outflows the Korean won as it continues... Read More
According to a report from the Commerzbank, the German economy is predicted to increase by 2.5... Read More
Argentina has adjusted their inflation target for the next two years, which enables the central... Read More
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