EURUSD Forex News
U.S. Dollar Declines As PCE Data Cements Rate Cut Bets
The U.S. dollar moved down against its major counterparts in the New York session on Friday, as the nation's consumer prices increased in line with economist estimates in April, raising the possibility of a rate cut from the Federal Reserve in September.
RTTNews
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23h 37min ago
All Eye on Today’s PCE Reading
All attention now turns to the crucial PCE reading, the Fed’s preferred inflation gauge, which is expected to have a direct impact on the dollar.
PU Prime
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1 day ago
Japanese Yen Soars, Outperforms, Dollar Dips
The Japanese Yen soared against the Greenback as risk aversion hit asset markets. The USD/JPY pair settled at 156.85, down from 157.40 yesterday. Japan’s 10-year treasury yield settled at 1.05% after reaching 1.1% this week for the first time since July 2011.
ACY Securities
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1 day ago
Fed Policy, Trump Re-election Prospects, and Their Impact on USD and EUR
The US dollar has been staying at weaker levels lately, with the dollar index staying just above its 200-day moving average around 104.40.
ACY Securities
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1 day ago
Euro Rises Against Majors
The European currency strengthened against other major currencies in the European session on Friday.
RTTNews
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1 day ago
U.S. Dollar Falls Amid Downward Revision To GDP Data, Higher Jobless Claims
The U.S. dollar declined against its major counterparts in the New York session on Thursday, as economic growth slowed more than previously estimated in the first quarter and jobless claims edged up last week, raising expectations for an interest rate cut in the near future.
RTTNews
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1 day ago
Daily Global Market Update
The EUR/USD pair decreased by 0.4%, while USD/JPY rose by 0.1%. Gold fell by 0.9%, and Alibaba shares increased by 0.4%, despite a bearish signal. Concerns over prolonged high interest rates weakened the Canadian dollar against the US dollar, and U.S. stocks fell, particularly in utilities.
Moneta Markets
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2 days ago
Dollar Fuels by Strong Treasury Yield
The U.S. 7-year note auction held yesterday saw tepid demand for long-term Treasury yields, resulting in a decline in bond prices and pushing bond yields higher.
PU Prime
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2 days ago
Commodity Currencies Fall Amid Risk Aversion
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Thursday amid risk aversion, following the broadly negative cues from global markets overnight, as bond yields continued to spike amid uncertainty about the U.S. Fed's interest-rate moves ahead of key inflation data later in the week.
RTTNews
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2 days ago
U.S. Dollar Advances Against Euro, Pound
The U.S. dollar rose against the euro and the pound in the Asian session on Thursday.
RTTNews
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2 days ago
