Dollar Trades Steady After Fall Following U.S. Inflation Data
The dollar was trading flat as it recovered some ground after falling on Wednesday's lower-than-expected U.S. core inflation data. Investors remain prudent about aggressively selling the dollar even though markets have brought forward expectations for the next Federal Reserve interest-rate cut,
Rupee to inch up on dollar pullback before US inflation data
The Indian rupee is likely to open marginally higher on Wednesday as the dollar retreats in the lead up to U.S. inflation data that will give cues on the direction of U.S. interest rates.
European stocks rally following US and UK inflation data
European stock markets experienced a strong rally following cooling inflation data from the UK and the US on Wednesday. However, the weakness in the euro and the pound sterling may persist due to the ongoing economic and political uncertainties.
Dollar Falls to 1-Week Low Ahead of U.S. Inflation Data
The dollar fell to a one-week low as investors turned cautious ahead of U.S. inflation data later. U.S. inflation is expected to accelerate to 2.9% year over year in December but core inflation is seen unchanged at 3.
Fall in Gilt Yields After U.K. Inflation Data Could Lift Sterling
Sterling rose against the dollar and could get some relief from the fall in U.K. government bond yields after lower-than-expected U.K. inflation data, MUFG Bank said.
US stocks end mixed in choppy session as inflation data eyed
The S&P 500 edged higher while the Nasdaq dipped after a volatile session on Tuesday as investors gauged inflation data and braced for quarterly earnings reports to justify stock valuations and the strength of the U.
Wall Street today: US stocks climb after inflation data, robust bank earnings
US stocks climbed on Wednesday after inflation data boosted investors’ hopes for interest rate cut by the Federal Reserve this year. Investors also cheered a strong set of quarterly results from the biggest US banks.
Dollar ends session weaker as inflation eases; yen firms on BOJ talk
The dollar pared some losses against major peers on Wednesday but stayed weaker as cooler-than-expected data eased fears that ...
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
The surging dollar will separate the winners and losers this earnings season
A stronger dollar is typically associated with higher dispersion during earnings season, Morgan Stanley's Mike Wilson says.
US inflation relief dents dollar, yen gains ahead of BOJ
The dollar slipped on Thursday to stand just off recent peaks as cooling U.S. inflation data knocked down bond yields, while ...
Elon Musk Foresees Drop In Bitcoin, Dogecoin Prices If Dollar Inflation Solved: 'What Matters Is The Ratio…'
Elon Musk, on Tuesday, predicted a potential drop in prices of cryptocurrencies like Bitcoin (CRYPTO: BTC) and Dogecoin ...
Stealth Fed Dollar Crisis Predicted To Spark A Bitcoin Price Boom To Rival Gold
Fear that inflation could return in 2025 has raised questions over the possibility of a stagflation scenario—predicted to ...
Dollar treads water ahead of CPI, tariffs remain in focus
The dollar weakened against the euro on Tuesday but stayed near its highest level in more than two years as ...
Bitcoin price nears $100K as US dollar dips on CPI relief
BTC price strength accompanied the December print of the US Consumer Price Index (CPI), which met expectations. Like the ...