The US Dollar Resumes Growth – Analytics & Forecasts – 26 October 2023

Towards the end of the week, the American currency managed to resume medium-term growth. Reversal combinations among commodity currencies were broken, and the pound, yen and euro went to test new lows. The sharp strengthening of the US dollar is most likely caused by the worsening geopolitical situation in the Middle East, rising oil prices

Dollar bounces, euro heavy on US/euro zone growth outlook divergence By Reuters

2/2 © Reuters. FILE PHOTO: U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo 2/2 By Rae Wee SINGAPORE (Reuters) – The dollar was on the front foot on Wednesday, drawing support from yet another resilient U.S. economic data reading, while the euro struggled to make headway

Monthly GDP Returns to Growth in August, GBP Lower

UK GDP News and Analysis UK GDP YoY prints in line with estimates of 0.5% Monthly GDP rose to 0.2% in August, up from -0.6% in July Economic headwinds remain in the UK as growth remains limited The analysis in this article makes use of chart patterns and key support and resistance levels. For more

Monetary policy is slowing the growth of demand and inflation

Share: The Reserve Bank of Australia (RBA) Assistant Governor (Financial Markets), Christopher Kent, did not sound keen on further rate hikes and said that monetary policy is slowing the growth of demand, and inflation. Additional Quotes via Reuters: Policy lags mean some further effects of past rate hikes are still to be felt

Euro weakens amid Middle Eastern conflict and regional growth concerns By Investing.com

© Reuters The euro continues to experience a downturn, primarily driven by the risk-off sentiment due to escalating conflicts in the Middle East. This has led investors to favor the dollar over the European currency, contributing to its weakening. The situation is further exacerbated by China’s disappointing Golden Week spending and a significant contraction in

France central bank sees Q3 GDP growth of 0.1%

France’s central bank now sees growth in France at 0.1% in the Q3. That is down from 0.5% in Q2 This article was written by Greg Michalowski at www.forexlive.com. لینک منبع : هوشمند نیوز

Can Bitcoin break the $30,000 barrier and unleash growth for Q4 and beyond?

Learn about the game-changing spot Bitcoin ETF applications from major asset management companies that could flood the market with institutional money. Plus, explore the impact of SEC decisions and regulations on cryptocurrencies. Can Bitcoin break the $30,000 barrier and unleash growth for Q4 and beyond? لینک منبع : هوشمند نیوز