The Greenback has gained some moment after the release of US CPI data yesterday. After several months of US inflation measurements, the August data offered some consolation for the “team transitory”, that the rise in prices caused by the reopening of the economy in the Federal Reserve and elsewhere will soon subside. Still, numbers do [...]
The euro pair is strong as investors believe a strong eurozone economic recovery will outweigh the risks from the global recession. European investors were comforted last week by the European Central Bank raising its growth and inflation forecasts for this year and beyond as the eurozone economy recovers faster than expected from the pandemic shock. [...]
The cable pair seems to be under pressure among some reasons in economic conditions and New rules of Britain. This week, British Prime Minister Boris Johnson will set out his plans to manage the COVID-19 pandemic in the winter months, announcing a decision to scrap the introduction of vaccine passports and steps to end some [...]
The US dollar has depreciated since yesterday after a weekly jobless claims report and due to European central bank bond purchases. Last Friday, it sank to the lowest since Aug.3 when the US economy created the lowest level in seven months, reducing the chances of an immediate cut in the central bank's asset-purchase program. Since [...]
