Dollar exchange rates were unable to recoup losses on Tuesday after U.S. inflation came in largely as expected, even if the Core CPI inflation reading was somewhat hotter than expected.
March 14,2023
USD has slumped as markets bet Fed to limit rate hikes but could rebound as analysts say inflation to remain a priority.
March 14,2023
USD lower as Fed funds futures show market participants are assigning nearly even odds for a quarter-point increase or no action at all next week and a rate cut by year-end.
March 13,2023
The Pound to Dollar exchange rate has rebounded sharply from 2023 lows and may rise further in the days ahead but volatility could also be likely later this week as U.S. inflation data and the UK budget bring the 'cost of living' and 'price of not dying' back into focus and perspective on both sides of the Atlantic.
March 14,2023
The Dollar was softer after the U.S. economy created over 300K jobs but the rate of increase in wages was softer than the consensus was anticipating.
March 13,2023
Foreign exchange markets are unfazed by the selloff in the global banking sector amidst fears a U.S. financial institution was under pressure, but this might not last.
March 10,2023
The number of Americans seeking out-of-work benefits rose last week, prompting a retreat in the Dollar and raising investor caution ahead of Friday's all-important non-farm payrolls release.
March 9,2023
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