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U.S. Dollar Drops After Soft PCE Inflation Data

U.S. Dollar Drops After Soft PCE Inflation Data

The U.S. dollar declined against its major counterparts in the New York session on Friday, as a slowdown in PCE inflation for November bolstered the prospect of slower pace of rate cuts by the Federal Reserve next year.
RTTNews | Před 1 dnem
U.S. Dollar Advances After Strong Economic Data

U.S. Dollar Advances After Strong Economic Data

The U.S. dollar rose against its major counterparts in the New York session on Thursday, as better-than-expected economic data suggested that economy is on solid footing.
RTTNews | Před 2 dny
U.S. Dollar Climbs On Fed's Hawkish Tone

U.S. Dollar Climbs On Fed's Hawkish Tone

The U.S. dollar advanced against its major counterparts in the New York session on Wednesday, as the Federal Reserve cut interest rates by a quarter point but indicated fewer rate cuts than previously projected next year.
RTTNews | Před 3 dny
Commodity Currency's Slide As Oil Prices Drop, Fed Policy Announcement

Commodity Currency's Slide As Oil Prices Drop, Fed Policy Announcement

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Wednesday, as the crude oil prices fell amid concerns about the outlook for global demand, and possible excess supply in the market next year.
RTTNews | Před 4 dny