US dollar softens following disappointing CPIEURSUSD under pressure near 1.1800EURGBP edging lower on British pound strengthOil prices edge higher on supply concerns in the USUS equity benchmarks tank amid ongoing…
US dollar under pressure from FED chairman pushing back on tapering.EURUSD rallies to two-week highs on dollar weakness.EURJPY rally stalls near 130.00 amid the yen strength.Gold turns bullish on dollar…
(ECB) EU’s July 21-22 meeting has revealed that the central bank projects the economic activity to return to the pre-crisis level in the first quarter of 2022. ECB cites improving…
(Eurostat) The euro area recorded a 2.0% quarter-over-quarter jump in the gross domestic product in the second quarter, exceeding the EU’s 1.9% in the same period. The GDP jump was…
Dollar strengthens across the board after solid NFP reportEuro weakness against the dollar and British pound persistsOil prices tank below $70 a barrel level on demand concernsBitcoin and Ethereum bounce…
(Eurostat) GDP in the EU rose by 1.9% in the second quarter, compared to 2.0% in the euro area from the first quarter. GDP has now risen by 13.2% in…
EURUSD under pressure after dovish ECB sentimentsOil prices above $70 amid growing demand optimismUS indices rally to record highs on Q2 earning boostBitcoin bottoms out on Musk rhetoric The euro…
(WSJ) The US has reached a deal with Germany over the completion of a contested Russian, Nord Stream 2, natural-gas pipeline bypassing Ukraine. Officials representing Washington and Berlin are expected…
Manufacturing PMI in the Eurozone hit a record 63.1 in May, from April’s 62.9, according to the IHS Markit press release. The activity came at the back of deteriorations in…
The Economic Sentiment Indicator rose 4.0 points in both the EU and euro area in May, according to the European Commission press release. Employment Expectations Indicator gained 2.4 points in…
U.S. consumer confidence index reached 121.7 in April, up from 109.0 in March, according to the Conference Board press release. The index is now at the highest level since February…
Biden's New Treasury secretary nominee Janet Yellen urged lawmakers on Tuesday to 'act big" on coronavirus relief spending, reports Reuters. Yellen says the economic benefits of higher spending outweigh the…