Tag Archives: us dollar

The pound was set to post its biggest one-day gain in nearly two weeks on Wednesday after data showed Britain’s core inflation remained high in July, while the yuan fell to a nine-month low as concerns mounted of a further slowdown in growth. The pound sterling rose in the latest …

Because of the US dollar’s strength and surging US Treasury bond yields, the price of gold has continued to perform worse. Because of higher rental prices, inflation increased steadily at a rate of 0.2% in July. In September, the Fed is anticipated to leave interest rates steady. The precious metal …

A spokesperson for Prime Minister Rishi Sunak’s government said Biden’s executive order gave important clarity on the U.S. approach: “The UK will consider these new measures closely as we continue to assess potential national security risks attached to some investments.” The American dollar strengthened on Thursday, supported by higher US …

The Italian Ministry of Finance announced that it will cap the tax on net interest income on the most vulnerable assets at 0.1%. The markets received this official announcement with a positive response after investors in the banking sector stocks in the country saw that it comes within the framework …

The dollar consolidated its gains on Tuesday as dealers struggled to keep pace with the divergent growth forecasts of the world’s two largest economies, but they took little notice of a disappointing new batch of Chinese trade data. Data on Tuesday showed China’s imports and exports fell much faster than …

The start of the new trading week has been uneven for currencies, with the US dollar falling during the American session. The US Dollar Index ended the day unchanged, remaining close to the 102.00 mark. While the 2-year rate decreased to 4.76%, the US 10-year Treasury yield increased to 4.1%.Economic …

The US dollar experienced renewed selling pressure after the July jobs report, which showed a 187,000 increase in nonfarm payrolls. The US Bureau of Labour Statistics reported that Nonfarm Payrolls in the US rose 187,000 in July, weaker than the market expectation of 200,000. The US Dollar Index recorded 101.807 …

The US Bureau of Labour Statistics will release the awaited Nonfarm Payrolls (NFP) report for July on Friday. The jobless rate remains at 3.6%, indicating that the labor market remains extremely tight.Nonfarm Payrolls are expected to have increased by 200,000 in July, down from the 209,000 jobs that were reported …

The dollar settled near the highest level in four weeks on Thursday, indifferent to the downgrade of the US credit rating, which cast a shadow over the financial outlook for the United States, and benefiting from strong data for jobs in the private sector. Data on Wednesday showed that US …

The USD/JPY pair has been higher for three weeks, with the Japanese government taking measures to defend the Japanese currency. The central bank signaled a wider tolerance limit for the benchmark 10-year Japanese Government Bonds from 0.5% to 1.0%, fueling the JGB yields to the highest level since 2014. The …