The US Bureau of Economic Analysis (BEA) has announced that the annualized real Gross Domestic Product (GDP) growth for the second quarter has been revised higher to 3% from the
EUR/USD Analysis: Will the Euro Continue to Slide Against the US Dollar? German data disappoints, limiting Euro's upward potential. US Consumer Confidence data to drive market action. EUR/USD could extend
The latest report on the Ifo business climate in Germany paints a grim picture, with the index falling from 87.0 to 86.6 in August. This downward trend indicates a growing
Standard Chartered economists Hunter Chan and Shuang Ding reported that the SMEI dropped to 49.6 in August, reaching its lowest level since the end of 2022. This decline was driven
The UK economy is on track for a steady recovery, with GDP expanding by 0.6% in the second quarter of 2024, following a 0.7% increase in the previous quarter. While
The EUR/USD pair has seen a significant surge this week, reaching a fresh 2024 high after softer-than-anticipated United States inflation figures were released. The momentum in the market has been
Japan's economy exceeded expectations in the second quarter of 2024, with GDP expanding due to various factors such as private consumption, business spending, residential investment, and public investments. Despite challenges
Discover the latest insights into the financial markets for Friday, August 16, and how they can impact your investments and finances. The US Dollar experienced a turbulent day, fluctuating between
In July, China's economic indicators showed a mixed picture, with industrial production and retail sales meeting expectations, but fixed asset investment unexpectedly slowing down. According to UOB Group economist Ho
EUR/USD Forecast: US Data Boosts Dollar, Bearish Momentum Continues Positive US economic data drives the Dollar higher in the forex market. Stock markets rally on US news, easing recession fears.