[ad_1] © 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 By Amanda Cooper LONDON (Reuters) -The dollar retreated on Wednesday after data showed the Chinese economy slipped into deflation last month, which upped the chances for the government to
[ad_1] Australian Dollar, AUD/USD, US Dollar, China, CPI, PPI, Crude Oil, Gold – Talking Points Australian Dollar narrowly gained support today in anaemic market conditions China’s CPI and PPI missed estimates and it raises the spectre of Government action If a new low is not seen in AUD/USD on this dip, how much longer will
[ad_1] © Reuters. Investing.com — The pound slipped against the dollar Tuesday as sourcing sentiment on risk assets pushed flows into the arms of the safe-haven dollar, with more pain likely ahead for the currency as some warn bets on Bank of England rate hikes are overstretched. fell 0.34% to $1.2740. “GBP is set to
[ad_1] US Dollar, GBP/USD, British Pound, Treasuries, Gilts, China, Moody’s – Talking Points The US Dollar resumed strengthening this week on global growth questions China’s economy is facing scrutiny, pushing investors toward Treasuries and Gilts Sterling survived a test of support levels, but will GBP/USD continue to hold up? Recommended by Daniel McCarthy How to
[ad_1] © Reuters. Investing.com — Most Asian currencies fell on Tuesday as disappointing Chinese trade figures weighed on sentiment, while the dollar advanced amid uncertainty over the Federal Reserve and anticipation of key inflation readings this week. Government data showed that both Chinese and shrank at their fastest pace since the 2020 COVID-19 pandemic, pointing
[ad_1] Share: USD/MXN rises 0.30% on Tuesday amidst a risk-off impulse. Chinese economic woes spurred by imports and exports plunging weakened the Mexican Peso. Upcoming Mexican inflation data on Wednesday could shed some light on the Bank of Mexico’s next monetary policy decision. USD/MXN gained traction on Tuesday as risk-aversion triggered outflows from
[ad_1] © Reuters Investing.com — The U.S. dollar traded higher in early European trade Tuesday, with risk sentiment hit as disappointing Chinese trade data pointed to continued weakness in Asia’s largest economy. At 03:20 ET (07:20 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.3% higher at 102.190,
[ad_1] Share: Australian Dollar returns to its bearish course after China releases below-expectations trade figures for July. The data suggests Chinese demand for Australian raw materials will lessen. The US Dollar rises on increased safe-haven buying following the poor data. The Australian Dollar (AUD) dives to new monthly lows against the US Dollar
[ad_1] © Reuters. FILE PHOTO: An employee of the Korea Exchange Bank counts one hundred U.S. dollar notes during a photo opportunity at the bank’s headquarters in Seoul April 28, 2010. REUTERS/Jo Yong-Hak/File Photo By Rae Wee and Samuel Indyk LONDON (Reuters) – The U.S. dollar turned higher on Tuesday after another disappointing set of
[ad_1] NZD/USD, AUD/NZD, EUR/NZD – Outlook: NZD continues to broadly hover within its recent range against some of its peers. NZD has been weighed by a deteriorating NZ economic growth outlook and the view that RBNZ is done with raising rates. What is the outlook for NZD/USD, EUR/NZD, and AUD/NZD? Recommended by Manish Jaradi The
