US CPI causes Dollar surge

Source: Dukascopy Bank SA
The United States Bureau of Labor Statistics has published the US monthly inflation data, the Consumer Price Index. In general, the inflation data met market expectations. Markets are reacting to the news by buying the US Dollar in favour of other assets.
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Thu, 12 Sep 2024 12:22:44 GMT

ECB cuts interest rates

The European Central Bank has cut its Main Refinancing Rate, which is the base rate for all Euro debt. Namely, the rate is the base borrowing cost for the European currency. The rate has been reduced from 4.25% to 3.65%, as expected by market analysts.

Wed, 18 Sep 2024 06:30:03 GMT

BoA CEO comments on Buffet's sales

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