Trade with Swiss Bank Thu, 25 Jan 2024 13:42:14 GMT Source: Dukascopy Bank SA The United States Advance Gross Domestic Product publication has surprises the financial markets, as a major beat of forecast has occurred. Markets expected GDP to have increased by 2.0%. Instead the US economy has grown by staggering 3.3%. The event caused
Fundamental Analysis
Trade with Swiss Bank Thu, 25 Jan 2024 13:31:16 GMT Source: Dukascopy Bank SA The European Central Bank has just published its Main Refinancing Rate. As expected, the ECB has kept the interest rate at 4.50%. The EUR/USD currency exchange rate reacted to the news by surging only ten points and testing the resistance of
Trade with Swiss Bank Wed, 17 Jan 2024 13:37:27 GMT Source: Dukascopy Bank SA The monthly US Retail Sales data has been published. Markets expected Retail Sales to have increased by 0.4%. The actual released number revealed an increase of 0.6%. The US Dollar reacted to the news with a sharp surge up. The surge
Trade with Swiss Bank Fri, 12 Jan 2024 13:34:25 GMT Source: Dukascopy Bank SA The United States Producer Price Index shows the inflation level at the business level. Data for December has just been released. The monthly data revealed that prices have declined. The PPI was forecast to show an increase of 0.1%. Published month-on-month
The United States Bureau of Labour Statistics has published the United States Consumer Price Index data. The data revealed that inflation in the United States is higher than expected. The month on month change of the index was expected to be an increase of 0.2%. Actual number is 0.3%. The monthly Core CPI change was
Trade with Swiss Bank Fri, 05 Jan 2024 13:44:39 GMT Source: Dukascopy Bank SA The United States Bureau of Labor Statistics has just published the US monthly employment data sets. The Dollar jumped against all other assets due to the data being overwhelmingly positive. Average Hourly Earnings were expected to have increased by 0.3% over
Trade with Swiss Bank Thu, 04 Jan 2024 12:15:37 GMT Source: Dukascopy Bank SA The publication of the US Federal Reserve Meeting Minutes has reminded the world that the Fed is debating a reduction of interest rates and a stop to the reduction of the central bank’s balance sheet. The reminder caused a decline of