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... Baca Lagi
Retail sales in the UK in March fell to a record low due to the fact that sales volumes declined... Baca Lagi
According to official figures, the number of unemployed in Spain in March 2020 increased at a... Baca Lagi
Analysts believe that the economies of Germany and Canada are the most susceptible to the shocks... Baca Lagi
The price of oil in 2020 will be kept below the level of $40 per barrel. This conclusion was... Baca Lagi
Oil refineries around the world have begun to suspend production or reduce refining volumes, as... Baca Lagi
The coronavirus pandemic remains the main news of the day. The disease continues to spread,... Baca Lagi
The mood in the German business community deteriorated significantly in March amid concerns about... Baca Lagi
Energy experts fear that global oil storages may overflow during several months due to falling... Baca Lagi
Today, the Philippine Stock Exchange closed indefinitely, and trading in foreign currency and bonds... Baca Lagi
Since the beginning of 2020, the Chinese economy has experienced the most severe recession in the... Baca Lagi
The European Union decided to create an investment initiative of €37 billion as part of a package o... Baca Lagi
According to the results of the European Central Bank (ECB) meeting, the regulator left key... Baca Lagi
The Bank of England unexpectedly lowered its base interest rate in an attempt to support the... Baca Lagi
Saudi Arabian State Oil Company Saudi Aramco intends to increase oil supplies to 12.3 million... Baca Lagi
The Italian authorities intend to allocate 7.5 billion euros ($8.4 billion) to combat the epidemic... Baca Lagi
The Bank of Canada cut its key rate from 1.75% to 1.25% amid a rapidly spreading outbreak of... Baca Lagi
The Federal Reserve Board unexpectedly lowered its base interest rate from 1.5-1.75% to 1-1.25%,... Baca Lagi
The Central Bank of Australia has lowered its key interest rate from 0.75% to 0.5% per annum. The... Baca Lagi
According to official figures, Italy's economic growth in 2019 has slowed to its lowest level since... Baca Lagi
A key market indicator of long-term inflation expectations in the eurozone fell to a record low... Baca Lagi
Major European stock indexes on Thursday evening accelerated the pace of decline and are already... Baca Lagi
The German Institute for Economic Research DIW reported that Germany’s economy is close to s... Baca Lagi
Italy warned the EU that it could require substantial assistance if the unexpected spread of... Baca Lagi
Philip Lane, chief economist at the European Central Bank (ECB), said that the spread of the... Baca Lagi
Gold prices rose to a maximum in 7 years due to fears that an outbreak of coronavirus will slow... Baca Lagi
According to the Office of National Statistics (ONS), inflation in Great Britain accelerated in... Baca Lagi
Stock prices of the American company Apple Inc are reduced today by 3.6% during preliminary... Baca Lagi
In the fourth quarter of 2019, Japan's GDP fell by 6.3% year on year after increasing the... Baca Lagi
According to the US Federal Reserve, the volume of industrial production in the United States in... Baca Lagi
According to the US Labor Department, consumer prices in the US in January rose 2.5% year on year,... Baca Lagi
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