Dollar Trades Steady After Fall Following U.S. Inflation Data
The dollar was trading flat as it recovered some ground after falling on Wednesday's lower-than-expected U.S. core inflation data. Investors remain prudent about aggressively selling the dollar even though markets have brought forward expectations for the next Federal Reserve interest-rate cut,
The dollar pared some losses against major peers on Wednesday but stayed weaker as cooler-than-expected data eased fears that ...
A stronger dollar is typically associated with higher dispersion during earnings season, Morgan Stanley's Mike Wilson says.
Much of these gains have occurred since Trump’s victory in the November election, as investors raced to prepare portfolios ...
The dollar slipped on Thursday to stand just off recent peaks as cooling U.S. inflation data knocked down bond yields, while ...
Gold has demonstrated remarkable resilience in the face of a surging U.S. dollar and rising Treasury yields. The surge in the ...
Elon Musk, on Tuesday, predicted a potential drop in prices of cryptocurrencies like Bitcoin (CRYPTO: BTC) and Dogecoin ...
"A lower Aussie dollar is good for Australian exports (because the cost of these goods is lower for overseas buyers) but … puts upward pressure on inflation through imported products," AMP ...
BTC price strength accompanied the December print of the US Consumer Price Index (CPI), which met expectations. Like the ...
Insights into the US labor market, inflation, and monetary policy could move the dial. In the case of the Australian dollar, Aussie inflation numbers influenced the AUD/USD pair. Australia’s ...
The U.S. dollar steadied on Thursday despite the sharp fall in U.S. bond yields after Wednesday’s inflation data as market ...
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