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US Dollar takes a hit as S&P PMI data disappoints
The Forex Market· 8 hours agoUS S&P PMI figures from April came in softer than expected and made markets dump the USD. Hawkish bets and high US Treasury yields may limit the downside...
USD/JPY Targets Breakout Above 155 as BoJ Decision Looms - Key Levels to Watch
Investing.com· 12 hours agoFX traders will look forward to the release of US GDP and core PCE figures in the second half of the...
US Dollar Rattled by Weak PMIs, US GDP and Core PCE Remain this Week’s Key Drivers
Daily FX· 9 hours agoThe dollar slipped in early US turnover as the latest S&P PMIs miss forecasts and last month’s...
Rupee likely to inch higher at open tracking Asian peers
Reuters via Yahoo Finance· 1 hour agoThe Indian rupee is likely to open slightly higher on Wednesday, aided by an uptick in its Asian...
Dow Jones bolstered after soft US PMI ignites risk appetite, tests 38,500
The Forex Market· 7 hours agoThe Fed’s favored method of gauging inflation, the Personal Consumption Expenditure (PCE) Price...
Taiwan Stock Market May Add To Its Winnings On Wednesday
RTT News· 4 hours agoThe Taiwan stock market on Tuesday ended the two-day losing streak in which it had plummeted almost 900 points or 4.4 percent. The Taiwan Stock Exchange now sits just beneath the 19,600-point plateau and it may see additional support on Wednesday.
Forex week ahead: US GDP, BoJ and core PCE inflation
The Forex Market· 2 days agoThe Bank of Japan is set to leave rates unchanged after its historic hike in March, which failed to lift the Yen. The Fed´s preferred inflation gauge,...
Goldman Sachs revamps Fed interest-rate bets for 2024 after surprises
TheStreet via Yahoo Finance· 5 hours agoThat’s important because consumer spending accounts for about two-thirds of GDP (economic output)....
Did The Fed's Strategy Pay Off? Goldman Sachs Projects Steady Inflation Decline In 2024 By Benzinga
Investing.com· 8 hours agoDisinflationary forecasts have fallen out of favor recently, especially following three consecutive...
Oil prices flat as markets await more economic cues; US inventories shrink By Investing.com
Investing.com· 3 hours agoInvesting.com-- Oil prices tread water in Asian trade on Wednesday, cooling after recent volatility...