Tag Archives: Beige Book

The US dollar has gained momentum, reaching two-week highs against a backdrop of weakening risk-linked assets. This surge follows an inconclusive price action on Monday due to the Labor Day holiday. Dollar Strengthens Amidst Rising Recession Fears The US Dollar Index (DXY) has advanced further, approaching the crucial 102.00 level. …

The U.S. dollar remained stable in early European trading on Friday as traders awaited the release of crucial U.S. employment data, while the euro steadied following the European Central Bank’s (ECB) historic rate cut. At 05:00 ET, the Dollar Index, tracking the greenback against a basket of six other currencies, …

The U.S. dollar held steady on Wednesday, maintaining its position near a two-month low. This stability comes as investors await key U.S. economic data and a monetary policy meeting in Canada, which could trigger a series of interest rate cuts in major economies. Traders are keenly anticipating the release of …

The U.S. dollar rebounded in early European trading on Tuesday, reversing overnight declines. The euro weakened following the release of disappointing German employment figures. At 04:45 ET (08:45 GMT), the Dollar Index, which measures the greenback against a basket of six other currencies, rose 0.1% to 104.165, after briefly falling …

The U.S. dollar remained stable on Monday as investors grew increasingly confident about the possibility of the Federal Reserve cutting interest rates in 2024 due to signs of easing inflation. Meanwhile, the euro remained calm ahead of an expected rate cut by the European Central Bank this week. Emerging market …

The U.S. dollar rebounded in early European trading on Friday, recovering from previous losses as traders awaited the release of key inflation data, which could significantly influence future interest rate expectations. At 04:30 ET (08:30 GMT), the Dollar Index, tracking the greenback against a basket of six other currencies, rose …

The U.S. dollar maintained its strength on Thursday, following a recent surge to a two-week high fueled by a rout in U.S. Treasuries, which pushed up yields and increased the currency’s attractiveness. The dollar index, which tracks the greenback against a basket of major currencies, reached 105.18 overnight, its highest …

The US Dollar has experienced a sharp recovery following the Beige Book report, which showed slight growth in national economic activity. The report also revealed that employment rose slightly, wage growth was moderate, and prices increased modestly as consumers resisted further price hikes. According to Fed’s Beige Book, housing demand …

According to Federal Reserve’s Beige Book, “economic activity was little changed overall in April and early May”. The expectations for future growth deteriorated a little, “though contacts still largely expected a further expansion in activity.” “Employment increased in most Districts, though at a slower pace than in previous reports”, said …

The debt ceiling agreement reached by US President Biden and House Speaker Kevin McCarthy is encountering difficulties, which is negatively affecting market sentiment. US markets ended with mixed results, as Treasury yields dropped significantly. Economic Data Consumer sentiment in the US weakened slightly in May with the Conference Board’s Consumer …