The euro closed Monday’s trading higher rise, driven by an improvement in risk appetite across financial markets, fresh German economic data, in addition to some other factors related to monetary policy. Wall Street has seen intensive stock buying since the beginning of morning trading in the
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The minutes of the latest Federal Reserve’s monetary policy meeting as well as inflation data attracted most attention across trading markets for the week. The US dollar closed last week’s trading in an upward direction on the back of signals as well as messages included in FOMC Minutes for May’s meeting that was concluded on […]
The looming CPI data for April 2024 is practically intriguing and warrants close analysis. Its potential impact on major currency performance in the forex market is significant. In this report, we will look closely into the background of this crucial inflation data and explore its implications for currency price action, CPI OverviewApril’s CPI report is […]
Since mid-April 2024, the global oil market has been in a tug of war mode, with remarkable fluctuations, as prices continued to swing and reacted to upward and downward pressures. To understand this volatility, it is essential to refer to reliable data and stay informed on global developments and the key factors that directly or […]