Dollar up after inflation data boost By Reuters

© Reuters. FILE PHOTO: The employee of a currency exchange shop counts U.S. dollar banknotes in Ciudad Juarez, Mexico July 27, 2023. REUTERS/Jose Luis Gonzalez/File Photo By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar touched a one-week high against a basket of currencies on Friday, extending its gains from the previous session when

Mexican Peso gains against US Dollar after US consumer sentiment dips, dovish Fed remarks

Share: Mexican Peso stalls the USD/MXN rally towards 18.00, as the pair clings to losses of 0.02%. The University of Michigan consumer sentiment indicates growing pessimism amongst Americans as inflation expectations rise. Dovish comments from Fed officials, including Philadelphia Fed President Patrick Harker, suggest a rate hike pause. Mexican Peso (MXN) calmly stands off

Dollar lower, but remains elevated after U.S. CPI release By Investing.com

© Reuters. Investing.com – The U.S. dollar edged lower in early European trade Friday, but remained near the previous session’s elevated levels after the release of sticky U.S. inflation data awakened the prospects of another Federal Reserve interest rate hike this year. At 03:10 ET (07:10 GMT), the Dollar Index, which tracks the greenback against

Cable at the Mercy of the Dollar, UK jobs and Inflation Data Next

GBP/USD News and Analysis Sterling’s countertrend rise at risk after sticky US CPI report lifts USD IG client sentiment reveals notable divergence between positioning and trend Risk events: UK unemployment and UK CPI The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive

TradePlus-Fx|GBPUSD: power of dollar – Analytics & Forecasts – 13 October 2023

💬Description: The dollar began to gain strength again amid yesterday’s US inflation data. Currency pairs reacted the most, and metals only began to catch up a little later. Metals are most likely still supported by demand against the backdrop of geopolitical tensions, where, by the way, the dollar also has weight, since US bonds are bought for dollars. We recently

AUD Price Forecast: Aussie Dollar Remains Vulnerable

AUD/USD ANALYSIS & TALKING POINTS Soft Chinese CPI and safe haven demand for USD weighs on AUD. US data under the spotlight later today. New yearly lows looming for AUD/USD? Elevate your trading skills and gain a competitive edge. Get your hands on the Australian dollar Q4 outlook today for exclusive insights into key market