Tag Archives: inflation

The U.S. dollar edged higher on Tuesday, supported by strong services sector data, but gains were capped by lingering uncertainty over U.S. trade policies. Key Highlights: Dollar Index rose 0.1% to 104.000, near a three-week high. EUR/USD fell 0.2% to 1.0786, hitting its lowest level since early March. GBP/USD dropped …

The U.S. dollar edged lower on Monday, retreating from recent highs as uncertainty over President Trump’s upcoming tariff policies weighed on market sentiment. Meanwhile, the euro rebounded following solid German economic data. At 05:10 ET (09:10 GMT), the U.S. Dollar Index (DXY) traded 0.1% lower at 103.640, after reaching a …

The Dow Jones Industrial Average (DJIA) experienced a rollercoaster session on Friday, flirting with the 42,000 mark before settling near its opening level. Investors found themselves navigating a complex landscape marked by a lack of significant economic data and mounting pressures from expiring options contracts. Adding to the uncertainty, U.S. …

The U.S. dollar rose on Friday by approximately 0.31% against most major currencies, according to levels recorded by the Dollar Index which is standing at 104.114, at the time of writing. This uptick capitalized on a retreat in risk appetite across financial markets, which triggered declines in U.S. stocks and …

The USD/JPY pair is stuck below the key 150.00 level, with traders waiting for a clear direction. Recent decisions from the Bank of Japan and the Federal Reserve haven’t moved the market much, so everyone’s looking to Japan’s upcoming inflation numbers for a potential shift. Currently, the pair is trading …

In 2024, the UK economy managed a modest growth of 0.9%, but forecasts for 2025 suggest little room for optimism, with expectations hovering around a similar pace. During its February policy meeting, the Bank of England (BOE) sharply revised its 2025 growth projection downward to just 0.7%, halving its previous …

Gold concluded the week on a strong upward trajectory, recording significant gains driven by the weakness of the U.S. dollar. This performance was further bolstered by diminished risk appetite in financial markets and reports highlighting a substantial increase in central bank purchases of the precious metal. Several factors contributed to …

U.S. producer prices rose at a slower-than-expected annualized rate in February, signaling cooling inflation pressures that could influence the Federal Reserve’s monetary policy stance amid economic uncertainty linked to Donald Trump’s trade policies. Key Producer Price Index (PPI) Data: Annual PPI Growth: 3.2% (vs. 3.3% expected), down from 3.7% in …

The United Kingdom’s inflation rate rose to 3% in January, surpassing the 2.8% forecast by economists, according to data from the Office for National Statistics (ONS) on Wednesday. Key Highlights: Inflation accelerated from 2.5% in December to 3% in January. Core inflation (excluding energy, food, alcohol, and tobacco) rose to …

US Dollar turned lower last week after the strong bad effect of Trump’s trade rhetoric faded to some extent. The currency also missed the opportunity to make use of the testimony of Fed’s chief Jerome Powell against the Senate. Recent inflation and spending data played a role in dollar weakness …