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
Following a loose monetary policy for a decade, the Federal Reserve will probably increase their... Saiba Mais
The jobless rate in Australia was unchanged in March compared with the revised forecast in the past... Saiba Mais
The International Monetary Fund issued its two-yearly assessment for New Zealand and showed that... Saiba Mais
China’s economy advanced at a slightly faster-than-anticipated rate of 6.8 percent in the first q... Saiba Mais
The recent forecasts show that economic data continue to feel the impact of the cold weather... Saiba Mais
The annual inflation in Malaysia is anticipated to rise by 1.6 percent in March which has risen to... Saiba Mais
Chinese economy slowed down gradually in Q1 due to government struggle over credit and financial... Saiba Mais
China’s exports dropped unexpectedly in March which has been drop over a year since February 2017. T... Saiba Mais
Based on the survey of company directors, the optimism on the British economy has improved compared... Saiba Mais
The central bank of South Korea kept their interest rates unchanged on Thursday as Governor Lee... Saiba Mais
The new Chairman of the Fed Reserve, Jerome Powell officiated the interest rate hike in March... Saiba Mais
The Japanese core machinery climbed higher unexpectedly for the month of February, for a second... Saiba Mais
The industrial output of Italy suddenly weakened in February which further showed signs that growth... Saiba Mais
Following the weakened data from the eurozone economic indicators, the European Central Bank does... Saiba Mais
Asset bubble in Tokyo could be reversed for a long run since the economic expansion in the 1980s as... Saiba Mais
According to National Economic Council Director Larry Kudlow, US President Donald Trump... Saiba Mais
The central bank of Colombia is not yet certain of food price increase in the second half of the... Saiba Mais
India and Sweden joined hands in pioneering seed money to support start-ups in some sectors, said... Saiba Mais
The service sector in Japan grew at a slower manner in the period of one year and five months with... Saiba Mais
Other concerns affiliated with financial institutions especially on Shadow banking risks in China... Saiba Mais
Consumer spending in South Korea declined to its record low in 2017 alongside the dull employment... Saiba Mais
Minimal inflation is anticipated by the corporate of Japan that is likely to remain in the next... Saiba Mais
The factory activity in the United States had slowed down for the month of March alongside the... Saiba Mais
Exports from Turkey was recorded to be in the total value of $15.1 billion for the month of March,... Saiba Mais
The manufacturing activity of Japan had improved in a gradual momentum last month, as shown in the... Saiba Mais
Economic activity in China continues to be strong in the first quarter with hiring almost reaching... Saiba Mais
According to the Japanese Prime Minister Shinzo Abe, plans of sales tax hike will still be pushed... Saiba Mais
Great Britain should expect a slower economic growth in case that immigrants will leave after the... Saiba Mais
The consumer sentiment index of South Korea in March had a dip for four consecutive months towards... Saiba Mais
The Fed President of Cleveland Loretta Mester believes that the trade war breakout fixes... Saiba Mais
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