Dollar rallies as weak economic data sinks euro By Reuters

© Reuters. U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File photo By Harry Robertson LONDON (Reuters) – The dollar rose on Tuesday after briefly falling to a one-month low on the back of a drop in U.S. bond yields, as weak economic data sent the euro sliding. Survey data

Asia FX creeps higer as dollar, yields retreat before econ data storm By Investing.com

© Reuters. Investing.com– Most Asian currencies advanced on Tuesday, reversing some recent losses as the dollar retreated from 2023 peaks before a string of key economic readings due this week, although risk appetite still remained weak. Soft purchasing managers index (PMI) readings from and also limited any major gains in regional currencies, as the data

Australian Dollar continues the winning streak ahead of US data

Share: Australian Dollar extends gains as the US Dollar declines. Australia’s Manufacturing PMI eased to 48.0, while the Services PMI dropped to 47.6. China may approve over 1 trillion yuan in additional sovereign debt issuance. US Treasury Department confirmed the meeting with China to discuss bilateral economic policy matters. The pullback in US Treasury

GBP/USD hovers above 1.2150 major level, focus on UK employment, PMI data

Share: GBP/USD struggles to extend gains as US Dollar rebounds. UK Retail Sales dipped to 0.9% against the expected 0.1% decline. Upbeat US Treasury yields provide support to underpin the Greenback. GBP/USD struggles to continue the winning streak. trading around 1.2160 during the Asian session on Monday. However, the currency pair encountered a hurdle

Fed’s Mester: Looking at lots of data on mon pol, including money supply

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Can US Data Provide the Catalyst for FX Intervention?

Japanese Yen (USD/JPY) Analysis Currencies appear immune to moves in the bond market Markets taunt Japanese officials as USD/JPY is merely pips away from 150 US Q3 GDP and PCE data could provide the catalyst for FX intervention The analysis in this article makes use of chart patterns and key support and resistance levels. For