Asia FX slips, dollar firms as hot payrolls spur rate hike fears By Investing.com
© Reuters. By Ambar Warrick Investing.com — Asian currencies sank on Monday, while the dollar rose as stronger-than-expected U.S. payrolls data brewed concerns that the Federal Reserve will be able to keep raising interest rates for longer, while worsening Sino-U.S. ties also weighed. The dollar rose to a near one-month high against a basket of […]
U.S. dollar slips against euro ahead of Fed rate decision 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 Joice Alves and Ankur Banerjee LONDON/SINGAPORE (Reuters) – The dollar edged lower against the euro on Wednesday ahead of an eagerly-awaited Federal Reserve policy decision with investors hoping the U.S. central bank will signal the […]
GBP/USD retreats after facing a wall of resistance in 1.2400, slips to 1.2370s
GBP/USD is set to finish Friday with losses of at least 0.20%. United States inflation continues to wane but remains twice elevated of Fed’s target. GBP/USD Price Analysis: To remain sideways ahead of the Fed and BoE monetary policy decisions. GBP/USD snaps two days of gains and tumbled below Thursday’s close of 1.2406, slumping toward […]
XAU/USD slips below $1930 after US PCE and UoM Consumer Sentiment
US Dollar climbs as the Federal Reserve preferred gauge for inflation, with core PCE creeping lower. According to the University of Michigan (UoM) poll, US consumers’ inflation expectations edged lower. Gold Price Analysis: The rally from $1,616.71 to $1,949.16 could end, as a doji emerged in the weekly chart. Gold price falls for the second […]
US Dollar Slips as Markets Weigh Fed Perspectives in Thin Trade. Lower USD?
US Dollar, DXY Index, USD, Fed, Lunar New Year, Crude Oil, Gold – Talking Points The US Dollar dipped today on the possibility of the Fed being less aggressive Equity markets that remain open over the Lunar New Year are buoyant so far today If Fed slows its hiking pace, will the DXY (USD) index […]
Dollar slips lower; recession fears mount By Investing.com
© Reuters By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Thursday, continuing its recent selloff after weak U.S. economic data hinted at an upcoming recession, providing more arguments for the to slow down its aggressive interest rate increases. At 03:15 ET (08:15 GMT), the , which tracks the greenback […]
Dollar slips after weak data while yen ticks up By Reuters
© Reuters. FILE PHOTO: A U.S. hundred dollar bill and Japanese 10,000 yen notes are seen in this photo illustration in Tokyo, February 28, 2013. REUTERS/Shohei Miyano By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) – The dollar slipped on Thursday after a raft of data showed the U.S. economy is losing momentum, while the […]
GBPUSD Slips But Remains Well Bid On Interest Rate Bets
GBP/USD Prices, News, and Analysis GBPUSD is still supported by expectations that UK rates have higher to climb Strong wage data this week underlines the view Technically, the uptrend from September still dominates Recommended by David Cottle Building Confidence in Trading Sterling bulls still have December’s six-month highs against the United States Dollar firmly in […]
Asia FX slips on recession fears, yen battered by dovish BOJ By Investing.com
© Reuters. By Ambar Warrick Investing.com — Most Asian currencies fell on Wednesday amid growing concerns over a global economic slowdown this year, with the Japanese yen plummeting after the Bank of Japan maintained its accommodative stance. The was the worst-performing Asian currency for the day, tumbling 2.6% to 131.47 against the dollar – one […]
Asia FX slips while dollar steadies ahead of CPI readings By Investing.com
© Reuters. By Ambar Warrick Investing.com — Asian currency markets edged lower on Wednesday as traders stepped back from risk-driven assets ahead of economic cues from key inflation readings this week, while the dollar steadied from recent losses. After logging a strong start to the week on optimism over a Chinese reopening, regional units crept […]