The core reading printed at 5.9%, below the previous 6%, but above the 5.8% expected, signalling price pressures are far from over …
Trading
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The EUR/USD pair traded in the 1.0040 price zone, its lowest since December 2002, the GBP/USD pair traded below 1.1900 and AUD/USD …
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Dollar trading has been choppy this week, with markets now betting on more cautious policy action from the Fed after another expected …
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The U.S. Dollar Index that tracks the greenback against a basket of other currencies edged up 0.15% to 104.377 The dollar was …
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The euro was last up 0.4% against the dollar at $1.05365 The euro rose on Monday as markets focused on European Central …
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Spot gold inched up 0.2% to $1,836.64 per ounce and U.S. gold futures rose 0.9% to $1,836.20 Gold steadied on Thursday, as …
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A 75 basis-point increase would be the biggest since 1994 and with world stock markets nursing deep losses, the dollar’s appeal as …
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Markets have scrambled to bet on rapid-fire hikes in the wake of the unexpectedly hot inflation reading on Friday The U.S. dollar …
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The dollar climbed 0.43% to 135 yen, a 20-year peak, and edging closer to the 2002 high of 135.20 The yen fell …
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The dollar index was steady at 103.3 after a 0.7% overnight gain The dollar was at a two-week high on the euro …