It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
The dollar was licking wounds against peer currencies on Friday after a downward revision to U.S. GDP for the first quarter ...
Spot gold was trading at $2,338.04 an ounce, steady from previous session's 1% decline. Gold futures were trading at ...
Bitcoin surges to $67,900 as investors react to mixed US inflation data and growing anticipation of a potential Federal ...
Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off, as the focus shifts ...
After rising sharply on Wednesday, USD/CAD turned south and closed the day in negative territory below 1.3700 on Thursday. The pair continues to edge lower toward 1.3650 in the European morning on ...
May 31, 2024 (Investorideas.com Newswire) The dollar stabilised against a basket of major currencies in the early session, after pulling back below the key level of 105 on the previous trading day.
The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month ...
Despite some dovish remarks made by European Central Bank (ECB) policymakers on Monday the euro was somewhat stronger at ...
The Brent crude July contract dropped 3 cents to $83.07 a barrel by 0038 GMT. The more-active August contract slipped 4 cents ...
Gold (XAU) dropped by 1% on Wednesday as the US Dollar Index (DXY) and Treasury yields strengthened ahead of the US inflation report.