© Reuters. U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File photo By Samuel Indyk LONDON (Reuters) – The U.S. dollar swayed in a tight range on Tuesday as traders took stock of developments in the Middle East and braced for speeches this week by central bank officials, while the
© 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. The anticipated depreciation of the British Pound in Q4 2023 is closely tied to the Bank of England’s interest rates. This analysis looks into three Sterling pairs that are predicted to be impacted by this development. The pair is expected to face challenges due to the dominant US Dollar. The strength of the