Headline inflation in the euro area moderated by nearly two-tenths in February on a year-over-year basis, reaching 2.6%. The core rate, which […]
China’s economic growth exceeds expectations
China’s latest economic data for January and February 2024 have exceeded analysts’ estimates. Notably, retail sales rose by 5.5%, surpassing […]
Dollar Rallies on PPI Expectations, EUR on ECB Expectations
The U.S. dollar (USD) gained value in European market trading on Thursday, maintaining recent strength in anticipation of the release […]
U.S. Inflation remains high in february data
In February, the Consumer Price Index (CPI) grew grew 0.4% month-over-month and 3.2% annually. The Bureau of Labor Statistics of the […]
U.S. Federal Reserve minutes warn of risks if interest rates are lowered too quickly
Most U.S. Federal Reserve (Fed) officials showed concern last month about the possibility of lowering interest rates too quickly, noting […]
Inflation in Canada recorded a fall to 2.9% in January
Canada’s annual inflation fell to 2.9%, largely due to a reduction in fuel prices, according to Statistics Canada data. This […]
Dollar loses ground as euro rises ahead of wages data
The U.S. dollar (USD) is losing ground in early European trading today but remains near recent highs, as expectations persist […]
Fed Governor Affirms U.S. Dollar’s Status as Global Reserve Currency
U.S. Federal Reserve (Fed) Governor Christopher Waller said the U.S. dollar (USD) is likely to sustain its dominant status around […]
China suffered the most significant drop in consumer prices in more than 14 years
In January, China recorded the most significant drop in consumer prices in more than 14 years, while producer prices also […]
The Euro Strengthens and Falls Following U.S. Inflation Data Release
Today’s trading showed notable movements, as the euro started as the strongest currency in the market but fell after the […]