Analytics and Economic News
Economic News
Market Overview May 29
The dollar dropped versus a group of significant competitors in European trade on Thursday, continuing its decline and plunging to two-week lows as risk appetite increased and demand decreased.
Economic News
Market Overview May 22
Ahead of crucial European inflation data this week, the euro strengthened in European trade on Monday against a basket of key competitors, resuming advances against the dollar and nearly reaching two-week highs.
Economic News
Market Overview May 15
Resuming gains after a break on Friday, the dollar dropped versus a basket of key rivals in European trade on Monday, drawing closer to two-week lows as US 10-year Treasury yields slowed down.
Economic News
Market Overview May 8
Investors are now awaiting new data from other significant tech companies, including Apple this week, following the publication of financial reports by Tesla, Alphabet, and Microsoft last week.
Economic News
Market Overview May 1
In European trade on Tuesday, the euro fell against a group of significant competitors, retreating from two-week highs versus the dollar due to profit-taking ahead of significant inflation data for the eurozone.
Economic News
Market Overview April 24
While Middle East tensions persist, gold remains close to its historical highs. The rising tensions in the Middle East have caused traders to be cautious, which has kept the price of gold (XAU) high.
Economic News
Market Overview April 17
Tuesday saw losses in most US stock indices, with the exception of the Dow Jones, as corporate earnings results for the first quarter came in nonstop.
Economic News
Market Overview April 10
Investors are currently anticipating Fed Chair Jerome Powell's significant speech later today, which is anticipated to contain hints about the direction of US interest rates.
Economic News
Market Overview April 3
The dollar strengthened versus a group of significant competitors in European trade on Friday for the second day in a row, reaching five-week highs and heading into its second consecutive week of gains.