GBP/USD saw a decline below 1.28500 on Wednesday as Consumer Price Index (CPI) inflation decreased on both sides of the Atlantic. This marks the end of a four-day winning streak
The EUR/USD pair surged to a fresh seven-month high on Wednesday before retracing back towards the 1.1000 level. This movement came after the EU GDP growth data met market expectations
The Eurozone economy showed resilience in the second quarter of 2024, with a growth rate of 0.3% according to the latest data released by Eurostat. This figure aligns with market
EUR/USD ended the trading week close to its starting point, showing minimal movement. The market has regained balance as investors eagerly anticipate potential rate cuts from the Federal Reserve. Looking
EUR/USD remained stagnant on Thursday, hovering around the 1.0900 mark as markets sought to regain stability. Investors are now shifting their focus towards expectations of potential rate cuts in the
As the world's top investment manager and financial market journalist, I am here to break down the latest report card on the economy under President Biden. Yahoo Finance has meticulously
According to UOB Group economist Ho Woei Chen, China's manufacturing and non-manufacturing PMIs have softened further in July, indicating a slowdown in the momentum of the country's economy. Deflationary Pressure
Standard Chartered economists Hunter Chan and Shuang Ding provide insights into China's economic performance in July. The official manufacturing PMI remained below 50 for the third consecutive month, indicating a
As the Vice Head at China's National Development and Reform Commission (NDRC) emphasizes the importance of expanding domestic demand and boosting consumption, the market reacts positively to the news. The
Canadian Dollar Surges as GDP Beats Expectations The Canadian Dollar (CAD) saw a rise in value after the Canadian Gross Domestic Product (GDP) exceeded forecasts, providing a brief respite from