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Monthly archive February, 2022

Chicago Business Barometer Drops Much More Than Expected In February

MNI Indicators released a report on Monday showing a significant slowdown in the pace of growth in Chicago-area business activity in the month of February. The report showed the Chicago business barometer tumbled to 56.3 in February from 65.2 in Read More →

U.S. Durable Goods Orders Jump 1.6% In January, Much More Than Expected

New orders for U.S. manufactured durable goods increased by much more than expected in the month of January, according to a report released by the Commerce Department on Friday. The report said durable goods orders surged by 1.6 percent in Read More →

U.S. Consumer Sentiment Drops Less Than Previously Estimated In February

Consumer sentiment in the U.S. deteriorated by less than initially estimated in the month of February, the University of Michigan revealed in a report released on Friday. The report showed the consumer sentiment index for February was upwardly revised to Read More →

U.S. Pending Home Sales Unexpectedly Plunge 5.7% In January

The National Association of Realtors released a report on Friday showing a continued slump in pending home sales in the U.S. in the month of January. NAR said its pending home sales plunged by 5.7 percent to 109.5 in January Read More →

U.S. Dollar Gives Back Ground Following Yesterday’s Jump

Following the strong move to the upside in yesterday's trading, the value of the U.S. Dollar gave back some ground during trading on Friday.Original Article Read More →

Dollar Rises Against Peers On Safe-haven Appeal After Russia Invades Ukraine

The U.S. dollar climbed up sharply on Thursday, hitting a near 20-month high in the process, on safe-haven appeal after Russia declared war on Ukraine and launched a full-scale invasion on the country.Original Article Read More →