By Alun John and Brigid Riley LONDON/TOKYO (Reuters) -The pound and the euro gained against the dollar on Thursday after weak U.S. economic data sent […]
Tag: Dollar
US Dollar holds losses as FOMC minutes fail to bail out the Greenback
US Dollar saw severe selling pressure after soft ADP figures from June. Markets boosted their bets for September Fed rate cut. FOMC minutes from the […]
Canadian Dollar extends gains after broad-market uptick in risk appetite
Canadian Dollar climbs a third of a percent against Greenback after sour data patch. Canada economic data remains thin until Friday’s labor figures. US data […]
Australian Dollar strengthens as markets digest strong Retail Sales from Australia
US Dollar saw severe selling pressure after soft ADP figures from June. Markets boosted their bets for September Fed rate cut. Keen market focus remains […]
US Dollar steady ahead of key labor market data
US Dollar recovers after slight losses following ISM PMIs data. Dollar finds cushion on high US Treasury yields. Signs of disinflation have begun to surface […]
Canadian Dollar gains ground after Canadian GDP steps higher
Canadian Dollar bolstered by rising market sentiment. Canada posted a 0.3% uptick in GDP, propping up CAD. US PCE inflation also ticked lower, further bolstering […]
US Dollar gains cleared out post PCE data
US Dollar saw a slight dip at the end of the week, clearing daily gains. US Dollar finds support amid high US Treasury yields. May’s […]
Australian Dollar closes the week with losses on weak PMIs
Australian Dollar has suffered extended declines in recent sessions as RBA gains slowly fade. PMI figures from Australia reveal weaker-than-expected data. Fragility in the Australian […]
Dollar Slips as S&P 500 Climbs to a Record High
The dollar index (DXY00 ) Tuesday fell slightly by -0.04%. The dollar Tuesday gave up overnight gains and turned lower as T-note yields fell on […]
US Dollar recovered ground after hawkish Fed decision
USD rebounds after the Federal Reserve holds rates steady at the 5.25%-5.50% range. FOMC members revised their interest rate protections of 2024 to the upside. […]