In a surprising turn of events, the dollar ebbed on Monday, prompting investors to reconsider their expectations of early rate cuts by the Federal Reserve. This shift in market dynamics
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In the realm of financial markets, all eyes are fixed on the imminent release of the US Jobs Report for December, marking the first major economic event of 2024. As
Ahmed Haifa11 months ago
China's Caixin Manufacturing PMI on October has cast doubt on the country's economic outlook and the effectiveness of the stimulus measures implemented. It is worth noting that the Caixin Manufacturing
Mohammad M.Kitazo1 year ago
Australian Dollar lose as the AiG Industry Index for September witnessed a decline to -9.9. Which marking a substantial decrease from the prior reading of -3.5. Concurrently, Building Permits (Month-on-Month)
Mohammad M.Kitazo1 year ago
Asian FX experienced marginal depreciation on the day in question. That primarily attributable to the fortified position of the US dollar following the release of robust economic data. In stark
Mohammad M.Kitazo1 year ago
A recent academic paper, co-authored by EBRD's Chief Economist Javorcik, points to a noteworthy shift in the global economic landscape. The dominance of the US dollar is under threat as
Sakshi Bali1 year ago