ECB President Highlights Unprecedented Uncertainty, Warns of Challenges in Maintaining Stability
European Central Bank (ECB) President Christine Lagarde expressed concerns over the exceptionally high level of uncertainty in the current economic…
Author: Victor Swaezy
Victor Swaezy is a crypto-journalist with more than 3 years of experience in covering blockchain technology and digital currencies news. Known for his comprehensive reporting, Victor has contributed to leading industry publications, providing market participants with the required knowledge to make informed decisions. When he is not working, he loves to watch movies and have a good time.
Dollar Declines Amid Trade Tariff and Rate Cut Speculation
The U.S. dollar weakened against major currencies during the week ending January 24, driven by softer rhetoric on trade tariffs…
UK Budget Deficit Doubles in December Amid Rising Borrowing Costs and Interest Payments
The UK’s public sector net borrowing more than doubled in December, reaching £17.8 billion, driven by surging interest payments and…
U.S. Housing Starts Surge Beyond Expectations in December
A recent report by the Commerce Department revealed a significant rebound in U.S. residential construction during December, surpassing market expectations.…
Philadelphia Manufacturing Activity Slumps in December
Manufacturing activity in the Philadelphia area contracted in December, according to the Federal Reserve Bank of Philadelphia’s latest report. The…
U.S. Existing Home Sales See Strong Growth in November
The National Association of Realtors (NAR) reported another significant rise in U.S. existing home sales for November, following a similar…
U.S. Retail Sales Rise More Than Expected in November
Retail sales in the U.S. increased by a stronger-than-anticipated 0.7% in November, according to a report released by the Commerce…
British Pound Weakens Amid Economic Contraction and Trade Deficit
The British pound fell against major currencies during Friday’s European trading session following disappointing economic data from the United Kingdom.…
U.S. Producer Prices Rise More Than Expected in November
The Labor Department released a report on Thursday revealing that U.S. producer prices increased more sharply than anticipated in November,…
EURUSD Retouches 200 hour MA as Sellers Take Over
EURUSD retested the 200 hour MA after CPI data but was unable to surpass key resistance levels. Sellers dominated, pushing…