Tag: gdp
GDP Revision Weighs on US Dollar
The US dollar was mildly weaker on Friday following a government revision of first quarter GDP showing the US economy contracted at the start...
GBP/USD Edges Lower as Dollar Rally Continues
The GBP/USD edged lower on Thursday, falling for a fourth consecutive day as the US dollar continued to rally ahead of Friday’s GDP revision.
The...
US Retail Sales Unchanged in April
US retail sales stalled unexpectedly last month, a sign headwinds continued to soften the economic recovery at the start of the second quarter.
Retail sales...
EUR/USD Gains Traction
The EUR/USD soared on Wednesday, climbing to its highest level of the week following disappointing US retail sales figures and growing signs of a...
BOE Keeps Monetary Policy Unchanged
The Bank of England held monetary policy steady in April, as policymakers continued to monitor the path of inflation just days after the Conservative...
US Jobless Claims Reach New 15-Year Low
US jobless claims fell last week to the lowest level in 15 years, a sign the labour market was firming after hitting a soft...
US GDP Growth Slows More than Forecast in Q1
The US economy slowed more than forecast at the start of the year, as a strong dollar hurt exports and corporate earnings, while personal...
US Durable Goods Orders Jump in March, but Investment Falls
US durable goods orders rose more than forecast last month, but investment fell for a seventh straight month, a sign businesses were still concerned...
UK GDP Growth Slows More than Forecast
The UK economy slowed more than forecast in the first quarter, growing at its weakest rate since 2012, in what could be a minor...
German Investor Confidence Drops in April: ZEW
German investor confidence declined unexpectedly in April, falling for the first time since October amid a tepid outlook on the global economy.
The ZEW economic...
US Dollar Weekly Outlook (Apr 27 – May 1)
The US dollar weakened last week, losing ground against a basket of trade-weighted peers amid rising oil prices and US equities. The US dollar...
US Retail Sales Rise at Fastest Rate in a Year
US retail sales increased in March for the first time in four months, although the increase was slightly below forecasts, suggesting that consumer confidence...
UK GDP Said to Have Expanded 0.6% in Third Quarter: NIESR
UK GDP grew at a steady rate in the first quarter, a sign the economy remained resilient in the face of volatile energy prices...
US Service Economy Slows in March: ISM
The US service economy expanded at a steady rate in March, as new orders and international business grew at a faster rate.
The Institute for...
UK Fourth Quarter GDP Revised Upward
UK gross domestic product rose faster than initially forecast in the fourth quarter, a sign the economy was progressing briskly amid regional volatility and...
US Q4 GDP Unrevised at 2.4%
US economic growth slowed in the fourth quarter, as weaker business spending and lower inventories weighed on economic activity despite a strong uptick in...
US Dollar Approaches Key Milestone
The US dollar resumed its upward climb on Wednesday, setting another 12-year high as it approached a key milestone against a basket of trade-weighted...
EUR/USD Hits 11-Year Low as Draghi Outlines QE Program
The euro fell to fresh 11-year lows against the US dollar on Thursday, declining for a third consecutive day on the news that the...
