The preliminary estimate revealed that the Germany Composite PMI declined to 48.3 in July 2023 from June's 50.6, falling below the expected 50.3.
Read More
The German producer prices recorded a year-on-year increase of 0.1% in June, according to the Federal Statistical Office's report on Thursday.
Read More
The US Retail Sales data had a mixed impact on the greenback's performance against major currencies.
Read More
The Census Bureau is scheduled to release retail sales data in the United States (US) on Tuesday, July 18th.
Read More
The euro has gained significant strength due to the European Central Bank (ECB) expected to continue raising interest rates beyond July, as inflation in the Eurozone remains high.
Read More
The US Dollar (USD) has continued its downward trend for the seventh consecutive day, driven by expectations of the Federal Reserve (Fed) soon concluding its policy-tightening measures.
Read More
The EUR/USD pair is steadily gaining momentum as a result of the weak United States Consumer Price Index (CPI) data, suggesting that the Federal Reserve (Fed) only has one interest rate hike option remaining by the end of the year.
Read More
The USD Index has been declining for four consecutive days, indicating investor expectations of only one more interest rate hike from the Federal Reserve (Fed) by the end of the year.
Read More
On Tuesday, the dollar experienced a decline following indications from Federal Reserve officials that the central bank was approaching the conclusion of its tightening cycle.
Read MoreLOADING...