Monthly archive January, 2023

After moving notably higher earlier on Thursday, the value of the U.S. dollar has given back some ground but continues to see modest strength.Original Article Read More →

Turkey's central bank said on Thursday that it will provide an incentive for the conversion of firms' foreign exchange obtained from abroad into Turkish liras to support the "liraization" in commercial activities.Original Article Read More →

Germany's business confidence improved further as expected at the start of the year to the strongest level in seven months, as companies were considerably less pessimistic about the future, although they were slightly less satisfied with the current situation, survey Read More →

UK manufacturing output and orders remained stable in the three months to January, while average unit costs grew at the slowest pace since April 2021, the latest monthly Industrial Trends Survey from the Confederation of British Industry and Accenture showed Read More →

After exhibiting weakness in the Asian session and during much of the European session, the U.S. dollar climbed higher on Monday but struggled to hold gains amid rising expectations the Fed will slow the pace of interest rate hikes.Original Read More →

Flash consumer confidence survey data from the euro area is the top economic news due on Monday, headlining a light day for the European economic news. At 4.00 am ET, industrial production, producer prices and retail sales figures are due Read More →