Eren Sengezer

In the Global Economic Outlook (GEO) report published on Tuesday, Fitch Ratings said that they have lowered the US economic growth forecast to 1.7% from 2.1% in December’s report and cut the 2026 growth projection to 1.5% from 1.7%. Key […]

Here is what you need to know on Monday, March 10: The US Dollar (USD) Index fell more than 3% last week and registered its largest one-week loss since November 2022. The economic calendar will not feature any high-impact data

In an interview with CNBC on Friday, US Treasury Secretary Scott Bessent said that they are committed to policies that will lead to a strong US Dollar, per Reuters. Key takeaways “April 2 tariffs will be a choice for other

The Unemployment Rate in Canada remained unchanged at 6.6% in February. USD/CAD trades in positive territory above 1.4350 after the data. The Unemployment Rate in Canada held steady at 6.6% in February, Statistics Canada reported on Friday. This reading came in

Here is what you need to know on Friday, February 28: The US Dollar (USD) Index, which tracks the USD’s performance against a basket of six major currencies, clings to small daily gains after touching a two-week-high near 107.50 early

The Minutes of the Fed’s January 28-29 policy meeting will be published on Wednesday. Details surrounding the discussions on the decision to keep policy settings unchanged will be scrutinized by investors. Markets see virtually no chance of a 25 bps

Here is what you need to know on Friday, January 3: The US Dollar (USD) gathered strength to start the new year as trading conditions normalized following the holiday season. The US economic calendar will feature the ISM Manufacturing Purchasing

The business activity in the US manufacturing sector contracted at a softer pace than expected in December. The US Dollar Index stays in negative territory near 109.00. The business activity in the US manufacturing sector continued to contract, albeit at

The People’s Bank of China’s (PBoC) Monetary Policy Committee said on Friday that they will cut the reserve ratio requirements (RRR) and interest rates at proper time, per Reuters. Key takeaways “Recommending strengthening intensity of monetary policy adjustments.” Will strengthen implementation

Here is what you need to know on Thursday, January 2: The US Dollar (USD) Index gained more than 2.5% in December and closed the third consecutive month in positive territory. The index stays in a consolidation phase slightly below