Dollar steadies as economic data muddies Fed expectations By Reuters

[ad_1] © Reuters. U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Amanda Cooper LONDON (Reuters) -The dollar held its ground on Thursday after a volatile two days that saw sharp declines followed by a rebound as traders took incoming economic data as signalling the Federal

Dollar gains on retail sales data, Fed rate cut date unclear 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 Herbert Lash NEW YORK (Reuters) -The dollar gained on Wednesday after still strong U.S. retail sales fell less than expected in October, a reminder for the market that a definitive date for the Federal Reserve to

US Dollar recover, eyes on Jobless Claims and Fed speakers

[ad_1] Share: The DXY index first declined to 104.00 and then recovered to 104.40. The headline and core PPI cooled down in October, while US Retail Sales declined but were lower than expected.  Investors seem to worry that strong economic activity data might weigh more than cooling inflation in the Fed’s eyes. The

US Dollar Forecast: Fed Pivot Ahead?

[ad_1] US DOLLAR, USD/JPY, GBP/USD, AUD/USD OUTLOOK The broader U.S. dollar regains ground after Tuesday’s selloff Despite today’s moves, the path of least resistance may be lower for the greenback, especially against some of its top peers This article delves into crucial technical levels to monitor for USD/JPY, GBP/USD, and AUD/USD Trade Smarter – Sign

Dollar steadies itself for now, US retail sales data eyed

[ad_1] If you compare it to the moves yesterday, it isn’t much. EUR/USD is down 0.3% to 1.0847 and GBP/USD down 0.3% to 1.2460 currently. The latter owes to softer UK inflation data earlier, though it also comes amid a push back after running against the 1.2500 mark and near the 100-day moving average (red

Asia FX weakens, dollar creeps higher before inflation data By Investing.com

[ad_1] © Reuters Investing.com– Most Asian currencies crept lower on Tuesday, while the dollar clocked small gains before key U.S. inflation data that is expected to determine the path of monetary policy. Concerns over China also weighed on regional sentiment, as data showed a further slowdown in in the country through October. This saw the

US Dollar in Freefall After US CPI, Setups on EUR/USD, GBP/USD, Nasdaq 100, Gold

[ad_1] US DOLLAR, EUR/USD, GBP/USD, NASDAQ 100, GOLD PRICE FORECAST The U.S. dollar slumps on falling yields following lower-than-expected U.S. inflation figures EUR/USD and GBP/USD break out to the topside, reaching multi-week highs Gold prices and the Nasdaq 100 also rally, flirting with key technical levels in both cases Recommended by Diego Colman Forex for