Tag: Federal Reserve
US Dollar Continues to Weaken ahead of Fed
The US dollar continued to backtrack on Tuesday, as the euro and British pound rose to new highs as the United States Federal Reserve...
US Dollar Weekly Outlook (Apr 27 – May 1)
The US dollar weakened last week, losing ground against a basket of trade-weighted peers amid rising oil prices and US equities. The US dollar...
US CPI Inflation Rises 0.2% in March
US consumer prices increased in March for a second straight month, as rising gasoline prices offset a decline in food prices. However, annual inflation...
GBP/USD Rallies amid Data Deluge
The British pound rallied against the US dollar on Tuesday, reversing nearly five-year lows following a deluge of economic data from the UK and...
US Dollar Rallies Following FOMC Minutes
The US dollar was back in the driver’s seat on Thursday, with the EUR/USD declining sharply following news that Greece made a crucial loan...
US Nonfarm Payrolls Fall Below 200,000 for First Time in 14...
US job creation stalled unexpectedly in March, as inclement weather and weak corporate earnings resulted in the weakest pace of hiring since December 2013.
Nonfarm...
US Jobless Claims Approach Lowest Level in 15 Years
The number of Americans filing for first-time unemployment benefits declined more than expected last week, a sign the labour market was continuing to improve.
Initial...
US Personal Income Outpaces Expectations in February
Personal income in the US rose faster than forecast in February, although personal spending increased slightly less than expected, a sign more Americans were...
US Q4 GDP Unrevised at 2.4%
US economic growth slowed in the fourth quarter, as weaker business spending and lower inventories weighed on economic activity despite a strong uptick in...
PMI Points to Rebounding US Economy
The US economy is regaining momentum at the end of the first quarter after a temporary slowdown, with business activity rising to its highest...
GBP/USD Approaching 5-Week Lows as Wage Data, BOE Minutes Weigh
The British pound declined sharply against its US counterpart on Wednesday, as tepid wage growth and a dovish Bank of England pushed the GBP/USD...
US Dollar Edges Lower in Anticipation of Fed Meetings
The US dollar declined across the board on Monday, easing off 12-year highs ahead of the Federal Open Market Committee policy meetings.
The US dollar...
Dollar Index: March to 100 Continues
The US dollar soared against a basket of trade-weighted peers on Tuesday, edging closer to the 100 mark as a top Federal Reserve official...
Cable Breaks below 1.50, Trading at 6-Week Lows
The British pound fell to six-week lows against the US dollar on Thursday, extending losses from the previous session that followed weaker than forecast...
US Personal Spending Declines for Second Straight Month
Consumer spending in the United States declined for a second consecutive month in January as incomes increased slower than expected, a sign consumers were...
EUR/USD Rebounds as Eurozone Deflation Slows
The euro was trading higher against its US counterpart Monday, as stronger than expected Eurozone CPI and unemployment data suggested the struggling currency region...
Fed’s Yellen Hints at 2015 Rate Hike, but Stresses Patience
The Federal Reserve could begin normalizing interest rates this year, but won’t rush to do so amid tepid wage growth and tame inflation, central...
EUR/GBP at 7-Year Lows Ahead of Carney, Draghi Remarks
The EUR/GBP sunk to fresh seven-year lows on Tuesday, as the beleaguered euro continued to struggle amid ongoing talks between Greece and its EU...
