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The U.S. National Debt Broke a Record Again, Topping $34 Trillion.
News
The U.S. National Debt Broke a Record Again, Topping $34 Trillion.
Jan 08, 2024
It took only 3 months to reach new highs. Back in June 2023, Joe Biden suspended the national debt limit until Janu...
EURUSD Fell Sharply on Friday, Hitting Unexpected Level of 1.0785
News
EURUSD Fell Sharply on Friday, Hitting Unexpected Level of 1.0785
Sep 04, 2023
EURUSD has been downtrending almost uninterruptedly since hitting an 18-month high of 1.1275 on July 18, resulting...
Ruble and Other Soft Currencies Dropped as U.S. Q1 GDP Grew at 2%, up from the 1.3% Reported Earlier in GDP Survey, Further Strengthening USD
News
Ruble and Other Soft Currencies Dropped as U.S. Q1 GDP Grew at 2%, up from...
Jun 30, 2023
Russian ruble is ending Q2 and 2H 2023 near its lowest values since March 2022. Yesterday, on June 29, the USDRUB p...
Crude Oil Again Dived Disregarding Recent OPEC+ Efforts
News
Crude Oil Again Dived Disregarding Recent OPEC+ Efforts
May 01, 2023
U.S. WTI crude oil is shedding another 0.7% today to settle at $75.11/bbl, while Brent crude oil is slipping toward...
The ECB Has More Room to Raise Rates than the Fed
News
The ECB Has More Room to Raise Rates than the Fed
Apr 14, 2023
Citigroup's currency strategists think that once the euro/dollar (EURUSD) rate breaks through resistance at 1.10-1....
The U.S. Dollar Fell Sharply after the Fed Meeting on Wednesday
News
The U.S. Dollar Fell Sharply after the Fed Meeting on Wednesday
Mar 23, 2023
EUR/USD has gained more than 100 pps at its peak and hit a monthly high above 1.0900. U.S. Treasuries rose after th...