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... Czytaj więcej
US Commerce Secretary Wilbur Ross is hoping to witness a development to lessen the significant gap... Czytaj więcej
Interest will probably increase by the end of the year, according to Bank of England Governor, Mark... Czytaj więcej
The interest rates were kept steady by the Bank of England on Thursday after an unexpectedly weak... Czytaj więcej
Germany intends to employ higher-than-anticipated tax revenues to increase investment in the... Czytaj więcej
Japan’s Inflation on consumer real wages adjusted higher in March for the first time in since D... Czytaj więcej
The consumer economy of Britain was unable to bounce back in April due to snowy weather that... Czytaj więcej
The central bank of Turkey intends to maintain their current monetary policy until inflation in... Czytaj więcej
The American economy showed unexpected strength but the robust labor market did not trigger major... Czytaj więcej
The German Industrial orders contracted unexpectedly in March. This has been the third consecutive... Czytaj więcej
Bank of Japan policymakers advised about the premature debate about the withdrawal from the... Czytaj więcej
The non-manufacturing business in America declined in April but the overall growth over 8 years... Czytaj więcej
Trade surplus in Australia expanded to its 10-month highs in March due to increase in resource... Czytaj więcej
Interest rates were kept steady by the Federal Reserve and confidently saying that recent inflation... Czytaj więcej
The European economy slackened in the first quarter of this year but was able to surpass Britain,... Czytaj więcej
The services sector in Japan rose at the quickest rate in first half of the year due to more demand... Czytaj więcej
Household borrowing in Britain fell to its lowest level after 5 ½ years in March. On Tuesday, ... Czytaj więcej
The service industry in China rose for the month of April based on the official survey on Monday,... Czytaj więcej
The Lloyds Bank survey indicates that British firms are very optimistic towards its economy. More... Czytaj więcej
France, the euro zone’s second-biggest economy, unexpectedly slowed down a bit in the first quarter ... Czytaj więcej
Italian caretaker government already established its updated multi-year economic plan on Thursday.... Czytaj więcej
The Bank of Canada governor Stephen Poloz said the nation is moving toward a positive note after... Czytaj więcej
South Korea’s economy had rallied in the previous quarter as health exports were buoyed, government ... Czytaj więcej
The U.S. economy strengthens following the rebound of the U.S. consumer confidence and... Czytaj więcej
The economic forecast of German government slid down to 2.3 percent from the previous 2.4 percent... Czytaj więcej
The consumer prices have weakened in the previous quarter as core inflation lower than the central... Czytaj więcej
Singapore’s inflation remained subdued in the previous month due to a gradual increase in prices of ... Czytaj więcej
The central bank of Iran has prohibited trading of cryptocurrencies including Bitcoin due to money... Czytaj więcej
Manufacturing activity in Japan grew at a faster pace this month compared in March, considering... Czytaj więcej
Japan apprised its G20 equivalent saying that protectionism and interchange of retaliatory measures... Czytaj więcej
Economic growth of Germany has the tendency to slow down gradually in Q1, however, the upswing in... Czytaj więcej
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