The dollar was licking wounds against peer currencies on Friday after a downward revision to U.S. GDP for the first quarter ...
It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
U.S. inflation tracked sideways in April, a worrying sign for the U.S. central bank that suggests the elevated pace of price ...
Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off, as the focus shifts ...
New York CNN — Inflation appears to be coming down after signs of sticking early this year. Americans aren’t convinced it ...
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
Donald Trump found guilty on all counts in ‘hush money’ trial, Cyril Ramaphosa’s future in doubt, Japan’s $62bn support for yen provides little reprieve ...
Last week, it signalled that it could start cutting rates from its current 16-year high of 5.25% as early as its meeting next ...
The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month ...
Treasuries erased modest losses, with yields turning lower by a couple of basis points, after benign inflation readings ...
(Reuters) - Gold prices held steady on Tuesday as the dollar eased, while investors looked forward to key U.S. inflation data ...
Gold (XAU) dropped by 1% on Wednesday as the US Dollar Index (DXY) and Treasury yields strengthened ahead of the US inflation report.