It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The dollar was licking wounds against peer currencies on Friday after a downward revision to U.S. GDP for the first quarter ...
USD/JPY bounced in early Friday trading, catching a ride to the 157.00 handle from a near-term low of 156.40. Japanese Tokyo ...
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 ...
Bitcoin surges to $67,900 as investors react to mixed US inflation data and growing anticipation of a potential Federal ...
The dollar could remain volatile as it reacts to the changes in US Treasury yields, which retreated to a certain extent after the GDP data release. Attention now turns towards the Personal Consumption ...
European shares were in the red at the open on Friday as investors nervously awaited inflation data from the eurozone and US.
Wall Street is starting the holiday-shortened week in a muted mood as the wait for the Fed's favorite inflation data begins.
The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month ...
(Alliance News) - Stocks in London are set to open up slightly on Friday, as investors nervously look ahead to the release ... early Friday, lower than USD82.83 late Thursday. Friday's UK corporate ...
For many who have been waiting impatiently for the one key European Central Bank announcement after a protracted period of high interest rates, fresh EU data released on Friday (31 May) may have just ...
Gold (XAU) dropped by 1% on Wednesday as the US Dollar Index (DXY) and Treasury yields strengthened ahead of the US inflation report.