Dollar wobbles as investors ponder ‘higher for longer’ rate path By Reuters

[ad_1] © Reuters. U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/file photo By Ankur Banerjee SINGAPORE (Reuters) – The dollar eased from a 12-week peak on Monday as traders weighed the U.S. monetary path after Fed Chair Jerome Powell left open the possibility of further interest rate increases, while

US Dollar, Gold, Euro, NFPs, Key Fed Inflation Gauge, China PMI

[ad_1] Recommended by Daniel Dubrovsky Get Your Free Gold Forecast The US Dollar mostly outperformed against its major counterparts this past week. The British Pound, Euro and Canadian Dollars were some of the worst-performing majors while the Chinese Yuan and Australian Dollar fared better. Taking a look at commodities, gold performed well while crude oil

Powell’s steady hand steers dollar higher: McGeever By Reuters

[ad_1] © Reuters. FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Jamie McGeever ORLANDO, Florida (Reuters) – Federal Reserve Chair Jerome Powell’s speech in Jackson Hole is likely to maintain the ‘higher for longer’ outlook for U.S. interest rates and bond yields – good news

Asia FX dips, dollar at over 2-mth high with Powell in focus By Investing.com

[ad_1] © Reuters Investing.com — Most Asian currencies fell on Friday, while the dollar surged to two-month peaks as markets hunkered down ahead of more signals on monetary policy from the Jackson Hole Symposium. The greenback saw strong overnight gains, while Treasury yields also moved back towards multi-decade highs as data showed continued resilience in

Dollar strengthens ahead of Powell’s Jackson Hole speech By Investing.com

[ad_1] © Reuters. Investing.com – The U.S. dollar rose in early European trade Friday, climbing to a two-month high as traders positioned for hawkish comments from Federal Reserve Chair Jerome Powell at Jackson Hole. At 03:15 ET (07:15 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.2% higher

US Dollar (DXY) Undecided After Chair Powell’s Speech Gives Little Away

[ad_1] US Dollar (DXY) Price, Chart, and Analysis Price stability remains key for the Fed. US dollar nudges lower. Recommended by Nick Cawley Traits of Successful Traders The conclusion of Fed chair Powell’s Jackson Hole keynote speech suggests that the central bank will ‘proceed carefully’ before making any decisions on future monetary policy decisions. ‘At

EUR/USD Hit by Dollar Strength, EUR/GBP Bounces Off Support

[ad_1] EUR/USD and EUR/GBP Forecast – Prices, Charts, and Analysis Recommended by Nick Cawley How to Trade EUR/USD The Euro remains on the back foot after Wednesday’s anemic PMIs showed the single bloc’s economy struggling to make any headway. The latest ECB ‘sources’ talk is that momentum is growing for the European Central Bank to

Dollar rockets as Powell trumps AI By Reuters

[ad_1] © Reuters. FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar/File Photo A look at the day ahead in U.S. and global markets from Mike Dolan Hopes for a late August bloom in

Dollar marches to over two-month peak ahead of Powell speech By Reuters

[ad_1] © Reuters. FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar rose to a more than two-month peak on Friday, on course for its sixth straight week of gains, as investors sought its safety as they awaited