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 head of the European Central Bank, Christine Lagarde, said during her speech that the regulator... Read More
According to the American Institute for Supply Management (ISM), the index of business activity in... Read More
According to the US Institute for Supply Management (ISM), the US Manufacturing Index (ISM... Read More
According to the Energy Information Administration of the US Department of Energy, commercial oil... Read More
The U.S. stock market is consolidating after two days of gains awaiting the first presidential... Read More
According to the State Secretariat for Economic Affairs (SECO) of Switzerland, the country's GDP... Read More
Oil prices fell on Thursday amid uncertainty about the outlook for the global economy and the... Read More
According to the Energy Information Administration (EIA) of the US Department of Energy, the volume... Read More
On Tuesday, the UK said it intends to abandon the return of people to their usual jobs in an... Read More
The British authorities announced that they are considering the possibility of canceling the Tax... Read More
According to the UK National Statistical Office (ONS), retail sales in August increased 0.8% from... Read More
World Bank Chief Economist Carmen Reinhart, speaking at the Trends 2021 online forum, said that the... Read More
According to the Office for National Statistics (ONS), inflation in Great Britain in August in... Read More
According to the September OPEC report, the organization downgraded the forecast for world oil... Read More
Today it became known that the UK and Japan signed the first trade agreement after Brexit. At the... Read More
The euro rose significantly after the meeting of the European Central Bank, at which the regulator... Read More
Job vacancies in the US increased in July, with more workers leaving retail and professional and... Read More
The US has said it is considering a ban on Chinese cotton products from Xinjiang. The US cited... Read More
British Prime Minister Boris Johnson said that a Brexit trade deal with the European Union should... Read More
According to the US Bureau of Labor Statistics, an additional 1.371 million nonfarm jobs were... Read More
According to the US Department of Labor, the number of initial applications for unemployment... Read More
According to the Federal Agency for Employment of Germany, the number of unemployed in Germany in... Read More
The German authorities have improved their forecast for the outlook for the economy in 2020 amid... Read More
According to Statistics Canada, the country's economy contracted by a record 11.5% in the second... Read More
The US Federal Reserve System (FRS) announced today that it will further ease its inflationary... Read More
The European trading session began extremely cautiously, as market participants are awaiting the... Read More
The euro is showing growth after the publication of strong statistics from Germany, while the... Read More
The American trading session opened with growth as the United States recorded its lowest... Read More
EU negotiator Michel Barnier said that negotiations on a trade and economic deal between the EU and... Read More
The number of initial jobless claims rose unexpectedly to 1.106 million, according to the US Labor... Read More
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