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... Read More
According to Citi Research, the clean energy sector disappointed many investors after easy access... Read More
The Statistical Office of the European Union (Eurostat) has published final data on eurozone GDP... Read More
The period of bitcoin's rapid growth seems to have come to an unexpected end. Many experts and... Read More
In July 2024, industrial production in Germany decreased by 2.4% compared to June, according to the... Read More
The launch of a platform for mutual settlements within the framework of BRICS is at the stage of... Read More
