Tag Archives: Housing Market Data

The U.S. dollar weakened on Friday as traders prepared for Federal Reserve Chair Jerome Powell’s upcoming speech at the Jackson Hole symposium. Meanwhile, the Japanese yen led gains among major currencies after Bank of Japan (BOJ) Governor Kazuo Ueda reaffirmed his commitment to raising interest rates if inflation continues to …

The U.S. dollar slipped to its lowest level this year against the euro on Wednesday, as traders awaited crucial revisions to U.S. payrolls data later in the day and looked ahead to a significant speech by Federal Reserve Chair Jerome Powell at the end of the week. The dollar also …

The US Dollar (USD) experienced a decline on Friday, driven by a combination of factors including the release of the University of Michigan’s Consumer Sentiment Index figures and softer-than-expected housing market data. Let’s break down the key points:Consumer Sentiment Index:The University of Michigan’s Consumer Sentiment Index improved to 67.8 for …