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Dollar Mixed Ahead Of U.S. Personal Income And Spending Data
(RTTNews) - U.S. personal income and spending data for August is due at 8:30 am ET Friday. Ahead of the data, the greenback traded mixed against its major rivals. While it fell against the pound, it held steady against the rest of major rivals.
The greenback was worth 149.17 against the yen, 1.0599 against the euro, 1.2255 against the pound and 0.9120 against the franc as of 8:25 am ET.
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Pound Rises Amid Risk On Mood
The British pound strengthened against other major currencies in the European session on Thursday amid risk-on mood by the investors, as a bond market sell-off stabilized and dovish Fed comments coupled with weak U.S. data reinforced rate-cut bets.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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U.S. Dollar Falls After Weak Job Openings Data
The U.S. dollar weakened against its major counterparts in the New York session on Wednesday, following the release of weak job openings data for July.
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U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Wednesday.
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U.S. Dollar Climbs Amid Rising Treasury Yields
The U.S. dollar strengthened against its major counterparts in the New York session on Tuesday, as investors awaited upcoming nonfarm payrolls data.
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Pound Slides After UK Starmer's Reshuffle
The British pound weakened against other major currencies in the European session on Tuesday, amid rising concerns about the UK government's ability to maintain fiscal discipline.
In order to meet her fiscal goals, Chancellor Rachel Reeves is anticipated to increase taxes in her autumn budget, which could likely weigh on economy.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Tuesday.
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Yen Slides Amid BoJ Rate Hike Uncertainty
The Japanese yen weakened against other major currencies in the European session on Tuesday, due to the uncertainties surrounding the probable timing of the Bank of Japan's (BoJ) next interest rate hike.
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