The dollar (USD) reached its highest level in five months on Tuesday, as stronger-than-expected economic data caused investors to halt […]
The US Federal Reserve Holds Rates Steady
The US Federal Reserve (Fed) decided on Wednesday to hold interest rates in the 5.25% to 5.50% range for the […]
The dollar rises in value and other currencies react
The US dollar (USD) gained value against other currencies on Wednesday in Europe ahead of the Federal Reserve’s (Fed) latest […]
Reserve Bank of Australia Holds Interest Rate
In its recent Tuesday meeting, the Reserve Bank of Australia (RBA) maintained the cash rate at 4.35% and the interest […]
Bank of Japan raises interest rates for the first time in 17 years
On Tuesday, the Bank of Japan (BoJ) decided to raise its short-term benchmark interest rate to 0.1%. This is the […]
Eurozone Inflation Moderates in February
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 […]