Share: Australian Dollar moves sideways after trimming intraday gains. Aussie pair dipped post-release of the US headline inflation. Consumer Inflation Expectations raised the odds of RBA to increase interest rates. US Dollar advanced following the slew of upbeat US data, awaiting US Consumer Sentiment. The Australian Dollar (AUD) snaps a two-day losing streak post
EUR/USD Forecasts – Prices, Charts, and Analysis US dollar may slip lower into the weekend. US earnings start in earnest today with a handful of banks on tap. Recommended by Nick Cawley Get Your Free USD Forecast The US dollar rallied by over one big figure yesterday after the latest US inflation data release. Core
© Reuters. FILE PHOTO: An employee counts Russian 1000-rouble banknotes in a bank office in Moscow, Russia, in this illustration picture taken October 9, 2023. REUTERS/Maxim Shemetov/Illustration/File Photo By Alexander Marrow (Reuters) -Russia’s rouble leapt against the U.S. dollar on Thursday after President Vladimir Putin ordered the mandatory sale of foreign currency revenues for some
Share: The Canadian Dollar is slumping against the US Dollar as markets scatter after a US CPI data beat. An uptick in US consumer prices is sending US Treasury yields higher as investors fear further Fed rate hikes. The Canadian Dollar finds little support in the inflation rush into safer assets. The Canadian
© Reuters. The US dollar, which had been weakening due to anticipated rate cuts in the midst of peak long-dated rates, rebounded on Thursday, driven by robust economic indicators. The Q4 Consumer Price Index (CPI) annualized at 3.79%, as reported by the Cleveland Fed’s nowcast, played a significant role in this turnaround. This shift in
© 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 Ankur Banerjee and Alun John SINGAPORE/LONDON (Reuters) – The dollar meandered near a two-week low on Thursday ahead of U.S. inflation data that will help shape the Federal
US Dollar, Federal Reserve, FOMC Minutes, USD/CHF, USD/JPY, Treasury Yields – Talking Points The US Dollar is on the backfoot on Fed speak and FOMC minutes Treasury yields might have assisted the Fed but that picture could change PPI beat forecasts and attention now turns to CPI. Will it move the US Dollar? Recommended by
© Reuters. On Wednesday, the euro appreciated against the U.S. dollar, influenced by a decrease in Treasury yields following dovish comments from Federal Reserve officials and anticipated Chinese stimulus measures. Atlanta Federal Reserve President Raphael Bostic, speaking at the American Bankers Association, expressed that no further interest rate hikes were necessary. This statement led to
Share: Canadian Dollar is easing off the pressure as Crude Oil prices soften. Canada economic data remains thin for the week, US data dominating the market. US inflation data to remain key market driver for the back half of the trading week. The Canadian Dollar (CAD) is stepping back slightly on Wednesday, giving
© Reuters Investing.com – The U.S. dollar traded largely unchanged in early European hours Wednesday, adopting something of a holding pattern ahead of the release of key inflation data as well as the minutes from the last Federal Reserve meeting. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket
