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... Saiba Mais
Gold price is recovering weakly after a daily decline to $1,866.10 per troy ounce. The current gold... Saiba Mais
Fifteen countries in the Asia-Pacific region on Sunday formed the world's largest free trade bloc... Saiba Mais
During his speech at the business summit, Premier of the State Council of the People's Republic of... Saiba Mais
According to the US Department of Labor, the number of Americans who filed initial applications for... Saiba Mais
The Organization of the Petroleum Exporting Countries (OPEC) has once again lowered its forecast... Saiba Mais
According to a statement from the Eastern Committee of the German Economy, an association uniting... Saiba Mais
The head of the Ministry of Energy of Saudi Arabia, Prince Abdel Aziz bin Salman, at the oil... Saiba Mais
According to the US Department of Labor, the number of jobs in the economy in October increased by... Saiba Mais
The price of gold on Friday is growing moderately against the background of market participants'... Saiba Mais
Today a meeting of the Bank of England was held, following which the regulator kept the base... Saiba Mais
Anne-Louise Hittle, vice president of consulting firm Wood Mackenzie, said at the International... Saiba Mais
World oil prices fell to $36 a barrel Monday morning on concerns over demand following the... Saiba Mais
The Michigan Consumer Sentiment Index, which measures household confidence in the US economy, rose... Saiba Mais
Oil prices have been falling over the past few days due to COVID-19 risks and U.S. election... Saiba Mais
The Board of Governors of the European Central Bank (ECB) at its meeting today kept the base... Saiba Mais
The Bank of Canada on Wednesday kept its key interest rate at a record low of 0.25%. Earlier, the... Saiba Mais
According to analyst firm Conference Board, the consumer confidence index in the US in October fell... Saiba Mais
The trade war with China, unleashed by US President Donald Trump, did not achieve its main goal (a... Saiba Mais
According to the trading data, the main US stock indexes on Friday are mainly growing against the... Saiba Mais
The price of gold resumed its decline after the morning corrective growth. The current quotation of... Saiba Mais
German Foreign Ministry spokesman Christopher Burger said that the European Commission intends to... Saiba Mais
Gold prices rise slightly on Tuesday evening amid continued uncertainty around the upcoming US... Saiba Mais
Major US stock indexes rallied on Monday in anticipation of news on a new US fiscal aid package and... Saiba Mais
British Prime Minister Boris Johnson said today that it is time for the country to prepare for a... Saiba Mais
German Chancellor Angela Merkel agreed to introduce additional measures in the country to combat... Saiba Mais
The aggregate capitalization of Chinese companies reached $10 trillion for the first time since... Saiba Mais
National Commercial Bank (NCB), the largest Bank in Saudi Arabia by assets, announced the purchase... Saiba Mais
US Commerce Department chief Wilbur Ross said today that the United States is imposing duties on... Saiba Mais
According to the US Department of Labor, last week the number of Americans who filed initial... Saiba Mais
Futures on major US stock indexes started to rise on Wednesday after a sharp drop a day earlier... Saiba Mais
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