Monthly archive April, 2022

A report released by the Commerce Department on Monday showed new orders for U.S. manufactured goods decreased in line with economist estimates in the month of February. The Commerce Department said factory orders fell by 0.5 percent in February after Read More →

After reporting a sharp increase in U.S. construction spending in the previous month, the Commerce Department released a report on Friday showing construction spending rose by much less than expected in the month of February.Original Article Read More →

The U.S. dollar appreciated against its major counterparts in the European session on Friday, as the nation's job growth accelerated in March, intensifying hopes for a half-point rate hike by the Federal Reserve next month.Original Article Read More →

The U.S. dollar traded stronger against most of its peers on Friday after data from the Labor Department showed the nation's job growth accelerated in March, raising hopes for a steeper interest rate hike by the Federal Reserve next month.Read More →

Eurozone inflation rocketed in March to set a new record as Russia's invasion of Ukraine drove energy prices higher, thus adding pressure on the European Central Bank to tighten policy earlier than planned.Original Article Read More →

The U.S. dollar rebounded from recent losses and scored gains against most of its major rivals on Thursday on safe haven buying after equities turned weak amid concerns over inflation and the economic impact of the war in Ukraine.Original Read More →