Monthly archive September, 2023

The U.S. dollar climbed higher on Tuesday, recovering from recent weakness, ahead of crucial economic data, including reports on consumer and producer price inflation and retail sales.Original Article Read More →

Despite the rising unemployment, the UK wage growth registered its strongest growth on record in the three months to July adding pressure on the Bank of England to hike the interest rate further at its upcoming meeting this month. The Read More →

The U.S. dollar surged again in the week ended September 8, rising to levels last seen more than six months before, amidst data that reinforced the resilience of the U.S. economy.Original Article Read More →

Germany's inflation slowed marginally in August as estimated but the rate remained elevated due to the increases in energy and food prices, final data from Destatis revealed on Friday. Consumer price inflation slowed to 6.1 percent in August from 6.2 Read More →

France's industrial production rose in July, led by a rebound in manufacturing, preliminary data from the statistical office INSEE showed Friday, though the momentum is unlikely to be sustained in the coming months amid weakening demand globally and high interest Read More →

The U.S. dollar shed ground against most of its major counterparts on Friday with traders largely cautious, looking ahead to some key economic data next week.Original Article Read More →