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
Deputy head of the PRC Academy of Social Sciences Cai Fan said that China will be able to achieve... Baca Lagi
The UK economy showed zero growth in the last quarter of 2019. According to preliminary data from... Baca Lagi
Today, Gold quotes rose to a week maximum, reaching $ 1,580 per troy ounce. The precious metal is... Baca Lagi
According to the U.S. Department of Labor, the number of Americans applying for unemployment... Baca Lagi
The OPEC+ Technical Committee recommended that the organization’s member countries reduce oil p... Baca Lagi
According to the European statistical agency Eurostat, retail sales in the eurozone in December... Baca Lagi
The sterling lost more than 1% after British Prime Minister Boris Johnson said he would not accept... Baca Lagi
According to the final data of the research organization IHS Markit, the index of business activity... Baca Lagi
According to the European statistical Agency Eurostat, annual inflation in the 19 countries of the... Baca Lagi
Today, the Bank of England held a meeting, at which left rates unchanged at 0.75%. Representatives... Baca Lagi
The German government raised its forecast for GDP growth for 2020 and promised to create all... Baca Lagi
OPEC representatives said the organization is ready to extend the current decline in oil production... Baca Lagi
Experts note that due to the outbreak of pneumonia in China, the growth rate of the Chinese economy... Baca Lagi
According to preliminary data from the Markit Economics Research Organization, the composite index... Baca Lagi
Today, the European Central Bank (ECB) held a meeting, following which the regulator left key... Baca Lagi
During an interview with The Wall Street Journal at the World Economic Forum in Davos, U.S.... Baca Lagi
Chinese and European stocks show a decline amid concerns about the spread of a new coronavirus in... Baca Lagi
The price of oil today rose to more than a weekly maximum after the shutdown in two large fields in... Baca Lagi
According to the official forecast of the National Bureau of Statistics of China, GDP growth in the... Baca Lagi
The ceremony of signing the agreement on the first phase of the trade dispute between the US and... Baca Lagi
According to the Federal Statistical Office of Germany (Destatis), consumer prices, calculated... Baca Lagi
According to Eurostat data, Eurozone industrial production rose in November for the first time in... Baca Lagi
According to the US Labor Department, consumer prices in December rose 2.3% year-on-year; on a... Baca Lagi
According to the UK Office for National Statistics, industrial production in the country in... Baca Lagi
According to the Labor Department data, the U.S. economy has shown less job growth outside the... Baca Lagi
According to the US Department of Labor, the number of Americans applying for unemployment benefits... Baca Lagi
The United States Senate Committee on Finance has approved the U.S.-Mexico-Canada Trade Agreement... Baca Lagi
On Tuesday, the price of gold in Asia fell back from seven-year highs in the $1,582.59 area after... Baca Lagi
According to Sentix Research Center, investor sentiment in the eurozone improved in January for the... Baca Lagi
Analysts positively assess the prospects for the development of the global economy in... Baca Lagi
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