Australian Dollar May Rise After US GDP Boosted Dow Jones, S&P 500, Nasdaq 100
Australian Dollar, AUD/USD, US GDP, Fed, Doji – Asia Pacific Market Open: Australian Dollar rose after US GDP data improved sentiment The mixed report kept door open to both hard and soft landing AUD/USD may rise if Asia-Pacific equities follow the US lead Recommended by Daniel Dubrovsky Get Your Free AUD Forecast Asia-Pacific Market Briefing […]
Dollar flat as market waits for U.S. GDP figures By Investing.com
© Reuters. By Geoffrey Smith Investing.com — The dollar was little changed in early trade in Europe on Thursday, with the market apparently content to wait for U.S. GDP figures before taking new positions. By 02:55 ET (07:55 GMT), the , which tracks the greenback against a basket of six advanced economy currencies, was essentially […]
ForexLive European FX news wrap: Dollar steady awaiting US data
Headlines: Markets: AUD leads, JPY lags on the day European equities slightly higher; S&P 500 futures up 0.2% US 10-year yields up 2 bps to 3.482% Gold down 0.5% to $1,936.17 WTI crude up 0.8% to $80.78 Bitcoin down 2.6% to 22,983 It was a quiet session for the most part with there not being […]
Things set to remain tough for the Dollar – Commerzbank
The US Dollar struggles to stay resilient ahead of the US Gross Domestic Product (GDP) data. The greenback could remain under pressure on signals of a cooling of the US economy, economists at Commerzbank report. Positive review, shaky outlook “A rate hike by ‘only’ 25 bps at the next Fed meeting is now increasingly likely […]
Dollar skulks at eight-month low, central bank meetings in focus By Reuters
© Reuters. FILE PHOTO: Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) – The dollar fell to an eight-month low against its peers on Thursday, as a gloomy U.S. corporate earnings season stoked recession fears ahead of a slew of […]
Dollar Tight Range to Be Tested by GDP and Fed’s Preferred Inflation Read
S&P 500, US Dollar, Earnings, BOC and FOMC Rate Decision Talking Points: The Market Perspective: S&P 500 Eminis Bearish Below 3,900; USDJPY Bullish Above 132.00 The S&P 500 continues to exhibit serious intraday volatility this past session with a sizable gap lower to undermine Monday’s breakout…only to fully retrace the move back into range We […]
Australian dollar rallies on red-hot inflation, Asia FX muted By Investing.com
© Reuters. By Ambar Warrick Investing.com — The Australian dollar rallied to a five-month high on Wednesday after fourth-quarter consumer inflation read higher than expected, while most Asian currencies moved little as fears of a global recession offset optimism over a potential economic recovery in China. The jumped nearly 1% to 0.7115 against the dollar, […]
Dollar flat as Aussie surges; Sterling edges lower on PPI; Ifo eyed By Investing.com
© Reuters. By Geoffrey Smith Investing.com — The dollar was little changed in early trading in Europe on Wednesday, with the market apparently settling in to wait for the release of U.S. fourth quarter figures on Thursday. By 03:05 ET (08:05 GMT), the that tracks the greenback against a basket of six developed market currencies […]
Dollar edges higher as traders await Fed decision By Reuters
© Reuters. FILE PHOTO: Australian dollar and U.S. dollar denominations are shown in a photo illustration at a currency exchange in Sydney, Australia, June 7, 2016. REUTERS/Jason Reed By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) – The dollar ticked up on Wednesday in subdued trading as investors looked towards the Federal Reserve’s policy decision […]
XAG/USD Relief Rally Buoyed by Dollar Weakness
Silver (XAG/USD) Talking Points Recommended by Tammy Da Costa Get Your Free USD Forecast Silver Prices Rebound Ahead of Upcoming Event Risk Silver prices have bounced back after a brutal setback that resulted in a 1.59% decline yesterday. With the futures contract currently recovering over 1.00% of those losses, USD weakness ahead of this week’s […]