Why is the US dollar falling despite the positive economic data?

2023-06-27 17:09:21 The price of the dollar is USD The US dollar index declined clearly during trading today, Tuesday, despite the positivity of some US economic data, on top of which was the consumer confidence data issued a few hours ago. However, there are some developments that weakened the demand for the dollar, the most … Read more

Not sure if rate hikes will continue in September

2023-06-21 12:09:58 ECB member, Casimir Speaking at the quarterly press conference of the National Bureau of Statistics; Peter Casimir, policy maker at the European Central Bank said; today is Wednesday; He is not sure that the ECB will continue the monetary tightening cycle in September. In this context; Casimir noted that inflation remains stubborn, and … Read more

ECB member Panetta’s remarks about inflation

European Central European Central Bank member Fabio Panetta said on Wednesday, on the sidelines of a speech at the European Central Bank conference in Frankfurt, that the ECB’s monetary policy must be dependent on economic data and adaptable in order to achieve the 2% inflation target, as noted by the ECB policymaker. For the following … Read more

A European official warns the European Central Bank of the repercussions of raising interest rates

European Central Reported to the Chairman of the Bank’s Supervisory Board European Central Andrea Enrea, today, Thursday, that the European Central Bank does not take into account the fact of a possible economic downturn. Enria also stated that the risks of recession are hovering around the euro area greatly, and she inferred this from the … Read more