News

Australian Dollar Falls Amidst Weak Chinese Economic Data and Housing Market Measures

Disappointing Chinese Retail Sales Impact AUD Performance The Australian Dollar emerged as the weakest-performing currency among the G10 group, primarily…

9 months ago

Economists: Jump in Part-Time Jobs Unlikely to Halt Bank of Canada’s Rate Cut Plans

Economists suggest that despite a surge in part-time employment, the Bank of Canada remains inclined towards implementing interest rate cuts…

10 months ago

Soft US Jobs Report Signals Potential Fed Rate Cut

The latest US jobs report has had a significant impact on dollar exchange rates, with indications of softening prompting speculation…

10 months ago

Euro Resilience Amidst Upbeat Sentiment and Hawkish ECB Remarks

The Euro remains resilient, defending the 1.07 marker against the Dollar ahead of the weekend, despite a rally attempted by…

10 months ago

Sterling Slips as Bank of England Signals Potential Rate Cut

The Pound Sterling experienced a decline following remarks from Dave Ramsden, a member of the Bank of England Monetary Policy…

10 months ago

EUR/USD Trends Bearish Amidst Diverging Rate Paths

In a recent analysis, Fawad Razaqzada, Market Analyst at City Index, notes a growing bearish trend in the EUR/USD currency…

10 months ago

US Labor Market Report Influences Dollar Surge

The US Dollar experienced a significant recovery following the release of robust US labor market data, leading to a postponement…

11 months ago

Dollar Strengthens Amidst Fed’s Hawkish Tone

The Dollar has shown resilience following remarks from a prominent member of the U.S. Federal Reserve, signaling a departure from…

11 months ago

UK Retail Sector Shows Signs of Recovery Amidst Economic Rebound

UK retail sales remained stagnant in February, a figure that exceeded expectations and signals a continued trend of improvement, indicating…

11 months ago

Euro-Dollar Forecast Downgraded Amid Shifting Economic Conditions

Analysts at SEB, the Scandinavian lender and investment bank, have revised their forecasts for the Euro-Dollar exchange rate, suggesting a…

11 months ago