The euro declined in European markets on Thursday against a basket of global currencies, extending losses for the second consecutive session against the US dollar. The euro moved further away from its highest level in four years, pressured by continued profit-taking and corrective movement. The US dollar continued to recover from its lowest levels in more than three years, supported...

The dollar rose against most major currencies on Thursday following the release of stronger-than-expected U.S. employment data. Figures published Thursday by the Bureau of Labor Statistics showed the U.S. economy added around 147,000 jobs in June, surpassing Dow Jones estimates of 110,000. The May figure was also revised upwards to 144,000. Separate government data showed initial jobless claims in the...

Since its illegal invasion of Ukraine in 2022, Russia has become the most sanctioned country in the world. Yet its economy has shown remarkable resilience. In 2024, according to official Russian dataif it can be trustedthe economy grew by 4.3%, outperforming all G7 nations. The UK managed just 1.1%, while the U.S. posted 2.8%. This growth was largely driven by...

The dollar remained near its lowest level in three and a half years this week on Thursday morning ahead of the much-anticipated US jobs report, while a trade deal between the United States and Vietnam boosted expectations for similar agreements before the US tariffs take effect on July 9. Sterling rose slightly after falling nearly 1% on Wednesday, following a...