The Latest Breaking News from ECB

The dollar index (DXY00 ) on Thursday rose by +0.17%. The dollar recovered from a 5-week low on Thursday and moved higher after US weekly initial unemployment claims unexpectedly fell to a 3-year low, which was hawkish for Fed policy and positive for the dollar. The dollar initially fell to...

The S&P 500 Index ($SPX ) (SPY ) is down by -0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.28%. December E-mini S&P futures (ESZ25 ) are down -0.07%, and December E-mini...

The dollar index (DXY00 ) on Wednesday fell by -0.50% and posted a 5-week low. The dollar was undercut by Wednesday’s weak Nov ADP report, which was dovish for Fed policy and cemented expectations for a Fed rate cut at next week’s FOMC meeting. The dollar failed to find support...

The dollar index (DXY00 ) today is down by -0.38% at a 5-week low. The dollar was undercut by today’s weak Nov ADP report, which was dovish for Fed policy. The dollar recovered from its worst level today after the Nov ISM services index unexpectedly rose to a 9-month high....

The world of payments is fast evolving as banks seek to improve customer experience. The prevalence of mobile transactions continues to rise, although adoption rates differ across Europe.

The dollar index (DXY00 ) on Tuesday gave up an early advance and fell slightly by -0.08%. The dollar turned lower on Tuesday after T-note yields gave up an early advance, weakening the dollar's interest rate differentials. Strength in stocks on Tuesday was bearish for the dollar as it reduced...

The latest effort to support Ukraine with immobilised Russian assets has suffered a new setback at the hands of the European Central Bank, which warned that the plan would violate EU treaties and undermine the institution's independence.

The dollar index (DXY00 ) today is up slightly by +0.05%. Higher T-note yields today are supportive of the dollar as the 10-year T-note yield rose to a 1.5-week high at 4.11%. Also, today’s action by the OECD to boost its US 2025 GDP forecast was supportive for the dollar....

The dollar index (DXY00 ) on Monday fell to a 2-week low and finished down by -0.05%. The yen’s strength is weighing on the dollar on Monday after BOJ Governor Ueda signaled a possible interest rate hike at this month’s policy meeting. Also, Monday’s weaker-than-expected Nov US ISM manufacturing index...