Browsing: Inflation
Producer inflation in the United States, as measured by the change in the Producer Price Index (PPI), declined to 2.6%…
The Pound Sterling rises against its main currency peers as the market sentiment remains favorable for riskier assets.The UK economy…
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee warned on Friday that while sinking employment data is typically a…
Atlanta Federal Reserve (Fed) President Raphael Bostic said that high inflation remained the Fed’s main risk, but added that signs…
The US Dollar (USD) started the week on the defensive, slipping back to multi-week troughs amid the inactivity in the…
The Indian rupee continued its slide, hitting another all-time low of 88.33 against the US Dollar, surpassing the previous record…
The Dow Jones eased lower on Friday, testing below 45,500.Equities recoiled after US PCE inflation metrics rose in-line with forecasts.Despite…
AUD/USD gained ground for a fourth straight session on Friday.The Aussie is gaining ground on a slumping US Dollar as…
Gold reverses losses on Friday, climbing to a 2-month high near $3,450.Despite a firmer US Dollar, bullion found renewed demand…
The Swiss Franc strengthens for a fourth straight day, sending USD/CHF toward fresh one-month lows.The US Dollar Index (DXY) slips…