Asia FX ticks lower, dollar steadies ahead of CPI data
-- Most Asian currencies weakened slightly on Monday as traders turned slightly biased towards the dollar in anticipation of key U.S. inflation data this week, which...
-- Most Asian currencies weakened slightly on Monday as traders turned slightly biased towards the dollar in anticipation of key U.S. inflation data this week, which...
According to Odaily, analysts at Malayan Banking Berhad (Maybank) have indicated in a foreign exchange research and strategy report that the market widely anticipates the U.S. core Consumer Price Index (CPI) for July to slightly decrease from 3.3% in June to 3.2%. This expected inflation data is considered most favorable for the market. While such data might reduce the likelihood of aggressive rate cuts by the Federal Reserve and potentially lead to a further rise in the U.S. dollar, an improvement in risk sentiment could slow the dollar's upward momentum.
Welcome to the Artificial Intelligence Outlook for Forex trading. https://www.youtube.com/watch?v=2yhMCXZp_AA VIDEO TRANSCRIPT Okay, hello everyone, and welcome back. My name is Greg Firman, and this is the Vantage Point AI ...
(Reuters) -U.S. consumer sentiment rose to a seven-month high in early November, with a measure of households' expectations for the future climbing to the highest in more than...
The University of Michigan's Consumer Sentiment Index, a measure of current and future economic conditions, recently reported a higher than expected figure. The actual number came...
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TORONTO (Reuters) - Canada's economy added 14,500 jobs in October and the jobless rate held at 6.5% from September, Statistics Canada data showed on Friday. Market reaction:...
BEIJING (Reuters) - China's consumer prices rose at the slowest pace in four months in October while producer price deflation deepened, data showed on Saturday, even as Beijing...
NEW YORK (Reuters) - JPMorgan lowered its Israel GDP growth forecast for 2024 to 0.5% from 1%, and also cut its growth estimate for next year to 3.3% from 3.7%, the Wall Street...
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