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Building Permits for U.S. Homes Near 13-Year High
Home building permits in the United States rose to their highest level in nearly 13 years in January, while US home construction fell less than expected in January and this indicates the strength of the housing market that helps maintain the longest economic expansion...
Euro is near its lowest level in three years
The euro rose today, but remained near its lowest level in three years as investors worried about weak growth in the euro area, as concerns remain about the impact of the Coronavirus on economic growth in the euro area. The euro rose to $ 1.0836 after falling earlier...
US import prices unchanged in January
The US Department of Labor said today that the import price index in the United States did not witness any change during the month of January after imports increased by 0.2% in December, and analysts had expected US imports to decline by 0.2% in January.On an annual...
Euro Falls to Lowest levels in 2 Years against USD
The Euro fell to its lowest levels in two years against the US dollar today as fears of a sharp rise in the number of new deaths in the spread of the Coronavirus in China led investors to seek American assets.The Euro fell to $ 1.0835, the lowest level since May 2017,...
Trump criticizes Fed after Powell’s testimony before Congress
US President Donald Trump repeated his criticism at the Federal Reserve keeping interest rates extremely high and it's not the first time that Trump has criticized the Fed’s decisions as he has repeatedly called for rate cuts.Powell said the Fed is only focused on...
USD Falls from Four-month High
The dollar fell from a four-month high against the euro today after climbing for a week after the country's chief medical advisor said that the outbreak of the Coronavirus in China could end by April even as deaths exceed a thousand.Federal Reserve Chairman Jerome...
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