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The U.S. Dollar (USD) is showing recovery signs on Friday, finishing the week with a strong performance and rising across the board. The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies, is up by 0.43% at 90.22. The index has been moving …

The United States Federal Reserve Vice Chair Richard Clarida said on Friday that the distribution of Coronavirus vaccines is improving the outlook for the American economy in 2021, Reuters reported. “The economy has turned out to be more resilient in adapting to the virus and more responsive to monetary and …

Wholesale inventories in the United Stated remained unchanged during November, data showed on Friday. Data by the U.S. Department of Commerce showed a stability in wholesale inventories, versus an initially estimated reading that showed a decline of 0.1%. In October, wholesale inventories rose by 1.3%. Meanwhile, the component of wholesale …

For the first time in eight months, the United States economy saw a decline in jobs during December, amid a new wave of the Coronavirus pandemic. Data by the U.S. Department of Labor showed on Friday that Nonfarm Payrolls (NFP) declined by 140,000 in December, according to the U.S. Bureau …

Employment in Canada declined by 62,600 in December, compared to expectations of 27,500, and the Unemployment Rate ticked up to 8.6% from 8.5% in November as expected, Statistics Canada reported on Friday.

Nonfarm Payrolls (NFP) in the US fell by 140,000 in December, the data published by the US Bureau of Labor Statistics revelled on Friday. This reading followed November’s increase of 336,000 and missed the market expectation.

Bitcoin jumped more than 5% on Friday, January 8th, to a new record high at $ 41,530, to offset losses incurred earlier in the session. The most popular digital currency in the world fell to a low of $36618.36 on the Bitstamp exchange before rising. The rival cryptocurrency Ethereum rose …

The British health ministry announced on Friday that the UK’s Medicines and Healthcare Products Regulatory Agency (MHRA) has approved Moderna’s COVID-19 vaccine for use, as reported by Reuters. The health ministry further noted that they have ordered 10 million additional doses of Moderna’s vaccine to bring the total to 17 million …

Data showed German industrial output and exports rose in November, adding to indications that the export-dependent manufacturing sector gave momentum to Europe’s largest economy in the last quarter of the year. Industrial output increased 0.9% on a monthly basis and exports rose 2.2%, according to figures released by the Federal …

European stocks rose Friday, January 8th, while the German DAX index hit a record high on the back of better-than-expected economic data and encouraging earnings updates from chipmakers. The European STOXX600 index rose 0.7% by and heading towards a weekly gain of more than 3% in light of hopes that …