U.S. Dollar Moves To The Upside After Early Volatility

RTTNews | Před 174 dny
U.S. Dollar Moves To The Upside After Early Volatility

(RTTNews) - After seeing considerable volatility earlier in the day, the value of the U.S. dollar has moved higher over the course of trading on Friday.

The U.S. dollar index is currently up 0.45 points or 0.4 percent at 109.41 after swinging back and forth across the unchanged line in morning trading.

The buck is trading at 156.22 yen versus the 155.16 yen it fetched at the close of New York trading on Thursday. Against the euro, the dollar is valued at $1.0269 compared to yesterday's $1.0301.

The value of the dollar moved higher in early morning trading but pulled back sharply after the Federal Reserve released a report showing U.S. industrial production increased by much more than expected in the month of December, reducing the currency's safe-haven appeal.

The Fed said industrial production jumped by 0.9 percent in December after rising by a revised 0.2 percent in November.

Economists had expected industrial production to climb by 0.3 percent compared to the 0.1 percent dip originally reported for the previous month.

Traders are also looking ahead to President-elect Donald Trump's new administration ahead of his inauguration on Monday.

Značky : USD
read more
U.S. Jobless Claims Unexpectedly Slip To 227,000

U.S. Jobless Claims Unexpectedly Slip To 227,000

First-time claims for U.S. unemployment benefits unexpectedly edged modestly lower in the week ended July 5th, according to a report released by the Labor Department on Thursday.
RTTNews | Před 9 h 8 min
U.S. Weekly Jobless Claims Unexpectedly Edge Lower

U.S. Weekly Jobless Claims Unexpectedly Edge Lower

First-time claims for U.S. unemployment benefits unexpectedly edged modestly lower in the week ended July 5th, according to a report released by the Labor Department on Thursday.
RTTNews | Před 10 h 21 min
U.S. House Purchase Mortgage Applications Highest In Over 2 Years: MBA

U.S. House Purchase Mortgage Applications Highest In Over 2 Years: MBA

Home loan applications in the U.S. rose to their highest level since early 2023 in the week ended July 04, while mortgage rates eased only modestly, survey data from the Mortgage Bankers Association showed on Wednesday. The number of mortgage applications grew 9.4 percent from the previous week when it they rose 2.7 percent, the MBA said.
RTTNews | Před 1 dnem
Fed Minutes Reveal Mixed Views About Outlook For Interest Rates

Fed Minutes Reveal Mixed Views About Outlook For Interest Rates

The Federal Reserve on Wednesday released the minutes of its June monetary policy meeting, which revealed most participants generally agree the central bank is well positioned to wait for more clarity on the outlook for inflation and the economy before adjusting interest rates.
RTTNews | Před 1 dnem
U.S. Wholesale Inventories Dip In Line With Estimates In May

U.S. Wholesale Inventories Dip In Line With Estimates In May

A report released by the Commerce Department on Wednesday showed a modest decrease by wholesale inventories in the U.S. in the month of May. The Commerce Department said wholesale inventories fell by 0.3 percent in May after inching up by 0.1 percent in April. The pullback by inventories matched economist expectations as well as the flash estimate.
RTTNews | Před 1 dnem