© Reuters. Investing.com – The U.S. dollar stabilized in early European trade Thursday, after hefty losses this week as signs of a cooling U.S. economy pointed to limited headroom for the Federal Reserve to keep raising interest rates. At 03:10 ET (07:10 GMT), the Dollar Index, which tracks the greenback against a basket of six
Share: Fed officials unanimously aim for the 2% inflation target, but divisions arise on the next steps. The US Dollar Index (DXY) reflects the greenback’s strength, rising 0.29% to 103.497, supported by rising US Treasury bond yields. USD/CAD’s bullish momentum is evident as it trades above the 200-day Moving Average, with key levels
Share: The ONS has just released the July CPI data. Economists at MUFG Bank do not expect the British Pound (GBP) to enjoy substantial gains following inflation figures. Inflation surprises modestly to the upside The drop overall in inflation was a little less than expected. The core CPI rate remained unchanged at 6.9%
© Reuters. Investing.com – The U.S. dollar steadied in early European trade Friday in the wake of the latest consumer inflation release, while sterling bounced after stronger-than-expected U.K. growth data. At 03:10 ET (07:10 GMT), the , which tracks the greenback against a basket of six other currencies, edged lower to 102.350 but remains on
© Reuters. Investing.com – The U.S. dollar edged lower in early European trade Thursday ahead of a key U.S. inflation release, while the euro rebounded after weakness inspired by Italian banking woes. At 03:15 ET (07:15 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 102.245
© Reuters. FILE PHOTO: U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo By Joice Alves and Rae Wee LONDON/SINGAPORE (Reuters) – The dollar rose on Monday after a mixed U.S. jobs report on Friday sent the U.S. currency to a one-week
© Reuters. Investing.com – The U.S. dollar edged lower in early European trade Friday as traders awaited the release of the key U.S. payrolls data later in the session for more clues of the health of the country’s economy. At 03:05 ET (07:05 GMT), the , which tracks the greenback against a basket of six