EUR/USD consolidated its first weekly gain in five weeks after U.S. job numbers disappointed and bolstered Federal Reserve rate cut bets.
November 1,2024
The U.S. economy continues to deliver robust growth, limiting the need for significant cuts from the Federal Reserve.
October 30,2024
The Pound to Dollar exchange rate (GBP/USD) is testing the key level of 1.30, where a break opens the door to the 1.2820 level say analysts.
October 16,2024
October 7,2024
Revisions to savings, consumption and income data show the U.S. consumer is in a better position than previously assumed.
September 27,2024
U.S. consumers are saving money at unsustainably low levels, and when they start to do so again, the economy will take a hit.
September 27,2024
The Federal Reserve is tipped to cut just twice this year and potentially only twice more in 2025, in a prediction that could potentially offer the Dollar a material boost.
September 11,2024
The Dollar was stronger after U.S. inflation beat expectations in August, with the important core CPI inflation reading hitting 0.3% m/m, beating consensus expectations of 0.2%.
September 11,2024
The Dollar fell after a softer-than-expected U.S. labour market report raised the odds of a 50 basis point interest rate hike at the Federal Reserve on September 18.
September 6,2024
The wild ride in FX continues with the Dollar falling sharply following a U.S. labour market report that pointed to weakness in the U.S. job market.
September 4,2024
The Pound to Dollar exchange rate rose and stocks tanked after a highly anticipated U.S. job report confirmed unemployment continues to rise as the economy slows.
August 2,2024
Some heat has been taken out of the Dollar after a measure of the U.S. labour market showed unexpected weakness, bolstering chances for further Federal Reserve rate cuts beyond September.
August 1,2024
A strong GDP reading for the second quarter won't derail a September interest rate cut say analysts.
July 25,2024
The Pound to Dollar exchange rate's advance has paused just short of the 1.30 barrier. Upcoming U.S. retail sales and UK inflation figures will determine whether a deeper pullback now emerges.
July 16,2024
The Dollar fell notably after the U.S. reported that inflation shrunk last month, indicating the likelihood of an interest rate cut in September.
July 12,2024
The Dollar was sold after a U.S. labour market report showed conditions continuing to cool, bolstering expectations for an interest rate cut from the Federal Reserve at the September policy meeting.
July 6,2024
The Dollar was lower after a U.S. labour market survey printed softer than anticipated and boosted the odds of an interest rate cut at the Federal Reserve in September.
July 5,2024
The Federal Reserve can consider an interest rate cut in September according to analysts reacting to a key inflation reading that has fallen to a three-year low.
June 28,2024
There are high odds the U.S. economy could be in recession by 2025, according to a new assessment by BCA Research.
June 19,2024
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