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
Private economists polled on Monday stated that the increase of tax cuts for the American economy... Saiba Mais
Japan’s services sector activity rose at a sluggish pace in May than the previous month given the e... Saiba Mais
Britain would only sign a trade deal with the United States if the agreement would be valuable for... Saiba Mais
Zanda Kalnina-Lukasevica, Foreign Ministry’s parliamentary secretary of Latvia states that the c... Saiba Mais
China’s manufacturing sector grew at a steady pace in May given the improvement in production and d... Saiba Mais
The two Italian anti-government political organizations, 5-Star Movement and League Party said on... Saiba Mais
Japan's industrial output did not meet expectations for the month of April according to data on... Saiba Mais
The US economy demonstrated growth during the first quarter of 2018, but the results showed... Saiba Mais
Ficci issued a report today showing that GDP growth of India is projected at 7.1 percent for the... Saiba Mais
The consumer confidence bounced higher in May but households are skeptical regarding the outlook of... Saiba Mais
The jobless rate of Japan has remained the same in April, as well as the job openings according to... Saiba Mais
According to PwC, drones are predicted to increase British economy by £42 million in 2030 since the ... Saiba Mais
On Monday, Japan’s Prime Minister Shinzo Abe stated that he would try to persuade U.S President D... Saiba Mais
The People’s Bank of China adjusted their rates higher on the 28-day reverse bond repurchase a... Saiba Mais
Net external assets of Japan declined for three consecutive years in 2017 following the increase of... Saiba Mais
Based on the survey released on Friday, UK households became less confident this month relative to... Saiba Mais
China already has plans to reduce tariffs on imports of some consumer products from food and... Saiba Mais
The data from the Ministry of Trade and Industry showed that manufacturing remained to be the major... Saiba Mais
Singapore’s Inflation in the previous month was lower than expected because of the slow rate of p... Saiba Mais
The European bloc confirmed yesterday the start of free trade negotiations with Australia and New... Saiba Mais
Japan’s central bank Governor Haruhiko Kuroda plans to tell the market its goal of ending the e... Saiba Mais
Germany’s economy had a strong growth amid weak data from the largest economy in Europe earlier in 2... Saiba Mais
The retail sales volume in New Zealand had expanded during Jan-Mar period but also recorded its... Saiba Mais
The factory output in the U.S. increased in April despite the low output on manufacturing and... Saiba Mais
Consumer prices in Japan had increased by 0.7 percent in the previous month, according to the data... Saiba Mais
The U.S. building permits dropped in April, indicating the housing market is trying to keep afloat... Saiba Mais
According to the Standard & Poor's chief economic policymaker assessment on Thursday, the South... Saiba Mais
The largest economy cooled down sharply in the first quarter despite the onset of flu and strikes,... Saiba Mais
The French economy is projected to expand by 0.3 percent during the period of April-June, this... Saiba Mais
The industrial output of China rose to 7.0 percent in April compared last year which has been... Saiba Mais
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