Financial Market News

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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Latest Economic News

Currency markets: dollar recovering, euro and yuan under pressure


December, 23 2024

On Monday, the US dollar recovered from last week's losses due to the easing of inflationary pressures. The dollar index rose 0.35% to reach 107.99, after falling from a two-year high on Friday. The Fed data showed a moderate increase in prices: the PCE core showed a minimal increase in six months, which eased concerns about a significant rate cut by 2025. Market participants expect the rate to be cut by 38 basis points next year, which is lower than expected. The first rate cut is forecast... Read More

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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.