Dollar clings to gains after U.S. data; traders eye Fed next week By Reuters
2/2 © Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo 2/2 By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar clung to modest gains against the euro on Friday after data showed falling U.S. consumer spending and cooling inflation, and as investors awaited a slew […]
UK FTSE 100 Clings to Support as German Dax Battles Resistance
FTSE 100, Dax 40 Talking Points: FTSE 100 – price action unchanged around 7770. Dax 40 resilience holds above 15,100. Stocks remain firm despite rising fundamental risks Recommended by Tammy Da Costa Get Your Free Equities Forecast Stock Indices Remain in Narrow Range Ahead of Next Week’s Event Risk It’s been an uneventful week for […]
EUR/USD clings to mild gains near 1.0850 as ECB, Fed hawks jostle amid recession concerns
EUR/USD grinds higher around intraday top as it braces for the second consecutive weekly gain. Although Fed officials also sync the tune with ECB hawks, hopes of shorter recession in Europe favor bulls. Downbeat US data renew economic fears surrounding the world’s largest economy and probe DXY bulls. ECB President Lagarde’s speech, Fed talks before […]