Daily Economic Reports

The dollar fell to a nearly eight-week low against other major currencies on Monday, amid speculation that US Federal Reserve Chairman Jerome Powell will avoid talks on easing bond purchases at this week’s meeting. The dollar reached 107.71 yen, close to the lowest level since the fourth of March. The …

The dollar was confined to a tight trading range near a multi-week low against the major counterpart currencies Friday, April 23rd, as traders contemplate the next steps of major central banks ahead of a meeting of the US Federal Reserve next week. And the euro incurred losses after Christine Lagarde, …

The New York Stock Exchange (NYSE) declined on Thursday, closing on sharp losses that marked the worst daily performance on Wall Street since early March. News about U.S. President Joe Biden preparing a new proposal to tax the wealthiest Americans and raise the capital gains tax to fund public expenditure …

The euro rose ahead of a meeting of the European Central Bank to be held later on Thursday, April 22nd, as any positive comments on the economic outlook or hints of a reduction in bond purchases are expected to push the single currency up rapidly. The European Central Bank is …

The Bank of Canada (BoC) The Bank of Canada (BoC) has decided to maintain its key interest rate unchanged at a record low of 0.25%, as the economy remains in need of support, according to the bank’s statement following its monetary policy meeting on Wednesday. The Canadian central bank expects …

The dollar weakened on Wednesday April 21, hovering just above the lowest level in seven weeks in light of the decline in US bond yields, which reduced the demand for currency returns. The US currency, which is considered a safe haven, has received some support from the decline in global …

The dollar fell to its lowest level in nearly seven weeks during the Asian session, while the euro rose as investors grew optimistic about the pace of vaccinations in Europe, and Treasury yields continued below the high levels recorded in March. The dollar has fallen since the beginning of April, …

European football has gained a growing global audience over the past years and decades, making it a major industry with a rising market size and annual revenues growing from about EUR 13.6 billion in 2007 to roughly EUR 29 billion before the coronavirus pandemic. Accordingly, a dozen of Europe’s biggest …

On Monday, the dollar settled near its lowest level in a month against other currencies, while US Treasury bond yields hovered near the lowest level in five weeks after the Federal Reserve confirmed its view that any increase in the rate of inflation is likely to be temporary. The US …

After strong rallies in recent days, the largest cryptocurrency by market value, Bitcoin, has reached levels of $ 64,000. Bitcoin dropped below $ 63,000, but remained above $ 62,000 levels and closed above this level for two consecutive days. Bitcoin fell 3% at $ 62.3K, recording a high of 64.7K …