The US Dollar has continued to rise after reports confirmed the strength of the US economy. However, upcoming meetings of the European Central Bank and Federal Reserve are causing some
Canada's economy outperformed expectations in the second quarter, with real Gross Domestic Product (GDP) growing at an annual rate of 2.1%. This exceeded the 1.6% forecasted by the market and
XAU/USD Price Update: Gold Surges to Record Highs as Economic Data Boosts Market Sentiment Positive US GDP figures dampen market sentiment Focus on upcoming US PCE inflation data Gold continues
Trade tariffs under a potential Trump 2.0 pose a risk to exports, a crucial driver of growth. However, trade diversion through countries like Vietnam and Mexico could help offset the
EUR/USD Price Update: German Inflation Falls, US GDP Revised Upward German inflation falls more than expected, increasing by 1.9% YoY in August. US Q2 Gross Domestic Product revised upward to
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