USD/MXN climbs as Mexico’s inflation cools down Wall Street is trading mixed, with the S&P 500 and the Nasdaq posting losses while the Dow Jones climb. The USD/MXN is registering solid gains on data from […]
US Dollar Index (DXY) struggles to keep the previous day’s bounce off weekly low around 102.65 amid mixed signals from the Federal Reserve (Fed) officials despite inflation woes, as well as due to the recently […]
Inflation has started to show signs of easing from the multi-decade highs reached in many countries following Russia’s full-scale invasion of Ukraine. The latest figures for most of the world’s largest economies still make for […]
EUR/USD bulls take a breather around the intraday high of near 1.0815 as traders seek more clues to extend the two-day run-up during early Tuesday. It’s worth noting that the comparatively upbeat catalysts from Eurozone […]
Washington—The United States will likely enter a recession this year and face high inflation well into 2024, a majority of economists predicted in their response to a semiannual survey. More than two-thirds of respondents to […]
The Dollar traded little changed on Tuesday after strong consumer price data revived the likelihood that the Federal Reserve will hike interest rates next week as fears of turmoil spreading in the banking sector faded. […]
U.S. companies from truck maker Oshkosh Corp. to consumer-goods conglomerate Newell Brands Inc. are moving away from “last-in, first-out” accounting, or LIFO, for their inventory, as inflation continues to pressure businesses’ earnings. Elevated inflation has weighed on companies’ earnings over […]
The euro traded higher against the U.S. dollar Wednesday, following comments from the European Central Bank President Christine Lagarde that inflation is “still high.” The euro was up by roughly 0.2% against the U.S. currency around 9 a.m. London […]
LONDON, March 22 (Reuters) – British inflation unexpectedly rose to 10.4% in February, pushed up by higher food and drink prices in pubs and restaurants, according to official data which is likely to prompt the […]
The US Dollar is languishing on Wednesday despite Treasury yields ticking up in the North American session and ahead of today’s Federal Reserve rate decision. The DXY (USD) index has sunk to its lowest level since […]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes