UK Inflation Slips to 8.7%, Posing New Challenges for the Bank of England
Consumer prices for April dropped less than what the Bank of England had projected, raising prospects for more rate hikes.…
Dollar steady as debt ceiling worries weigh; pound swings after inflation data
(Reuters) – The dollar on Wednesday held just shy of a two-month high as U.S. debt ceiling negotiations dragged on,…
Dollar inches higher on Fed rate expectations, hits 6-month peak vs yen
(Reuters) – The U.S. dollar inched higher for a second day on Tuesday – touching a six-month peak against Japan’s…
Dollar steady as debt ceiling talks to resume
(Reuters) – The dollar was broadly steady on Monday, with U.S. debt ceiling negotiations set to resume and Federal Reserve…
Dollar slips from two-month high; Fed rate expectations in focus
The U.S. dollar edged lower in early European trade Friday, but remained near a two-month high as strong labor data…
Asia FX muted as dollar hits 2-month high ahead of Powell speech
Most Asian currencies moved in a flat-to-low range on Friday, coming under pressure from a stronger dollar following several hawkish…
Why is the US dollar so strong again?
(Reuters) – If investors agree on one thing this year, it’s that the dollar is going to fall. That’s made…
GBP/USD: Sterling Struggles to Perform as US Dollar Marches Higher
The British pound is at the mercy of the overpowering US dollar as the GBP/USD slips for yet another day.…
XAU/USD: Gold Slips Below $2,000 as US Debt Ceiling Weighs on Sentiment
The Japanese yen has been on the losing end against the dollar for five straight days. The USD/JPY pushed to the upside…
EUR/USD: Dollar Seeks Direction as Traders Zero in on Retail Sales Data
An increase of 0.7% month-on-month is expected in overall retail sales after two straight months of declines. The EUR/USD pair was floating…