{"id":85874,"date":"2023-06-27T10:55:58","date_gmt":"2023-06-27T06:55:58","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=85874"},"modified":"2023-06-27T10:56:00","modified_gmt":"2023-06-27T06:56:00","slug":"the-dollar-rises-ahead-of-us-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/the-dollar-rises-ahead-of-us-data\/06\/27\/market-updates\/","title":{"rendered":"The dollar rises ahead of US data"},"content":{"rendered":"\n<p>The dollar maintained its gains against other major currencies on Tuesday, amid great tension in Russia and traders&#8217; anticipation of US data that may determine the timing of interest rate hikes.<\/p>\n\n\n\n<p>Russia witnessed at the beginning of the week a failed rebellion, a crisis that pushed the dollar to a 15-month high against the ruble.<\/p>\n\n\n\n<p>The dollar index rose 0.04% to 102,770.<\/p>\n\n\n\n<p>The ruble stabilized at 84.40 per dollar, after reaching its weakest level since March 2022.<\/p>\n\n\n\n<p>US data this week includes new orders for durable goods, housing stats and two consumer sentiment surveys from the Conference Board and the University of Michigan.<\/p>\n\n\n\n<p>The euro settled at $1.09055 ahead of scheduled speeches by European Central Bank officials during the bank&#8217;s forum on central banks in Sintra, Portugal, on Tuesday and Wednesday.<\/p>\n\n\n\n<p>The Australian dollar recorded $0.66815, up 0.10%, while the New Zealand dollar fell 0.08%, to $0.6159.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The dollar maintained its gains against other major currencies on Tuesday, amid great tension in Russia and traders&#8217; anticipation of US data that may determine the timing of interest rate hikes. Russia witnessed at the beginning of the week a failed rebellion, a crisis that pushed the dollar to a 15-month high against the ruble. &hellip;<\/p>\n","protected":false},"author":9,"featured_media":80402,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,36],"tags":[7211,6877,6928,6882],"class_list":["post-85874","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/85874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=85874"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/85874\/revisions"}],"predecessor-version":[{"id":85875,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/85874\/revisions\/85875"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/80402"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=85874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=85874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=85874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}