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By David Milliken and Suban Abdulla LONDON (Reuters) -British inflation returned to its 2% target for the first time in nearly three years in May, but strong underlying price pressures all but rule...
Investing.com - The U.S. dollar steadied Wednesday after overnight losses, while sterling edged higher after the U.K. inflation returned to the Bank of England’s target for the first time in nearly...
Investing.com - The U.S. dollar slipped marginally Friday, while the euro also fell, heading for a sharp weekly loss amid political turmoil in the region. At 04:20 ET (08:20 GMT), the Dollar Index,...
Investing.com - European stock markets fell Friday, ending a turbulent week on a negative note as investors digested a deluge of information potentially guiding future global monetary policy. At 03:10...
Investing.com - The U.S. dollar fell Thursday, as traders weighed up the competing factors of benign U.S. inflation yet a more hawkish Federal Reserve. At 04:25 ET (08:25 GMT), the Dollar Index,...
By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Reuters) -The U.S. dollar jumped on Friday after data showed the world's largest economy created a lot more jobs than expected last...
By Hannah Lang NEW YORK (Reuters) -The dollar rose on Wednesday, boosted by higher U.S. bond yields ahead of key inflation data later in the week, and strengthened against the Japanese yen. The...
As we approach the second half of 2024, investors are keenly eyeing currency movements for indicators of how the forex market could shape up over the next few months. In this context, JPMorgan...
Gavekal Research analysts said in a note Tuesday that the trajectory looks unclear beyond an initial round of rate cuts in Europe. In Western Europe, the rate-cutting train is "pulling out of the...
Bank of America (NYSE:BAC) (BofA) released a report forecasting that Commodity Trading Advisors (CTAs), known as trend followers, are expected to sell the US dollar (USD) in significant amounts this...
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