posted by
pipsmgee
1444 days ago
in USD, Fundamental, Inflation
The U.S. economy "remained generally weak" in May as higher prices for food and energy were pinching consumers' pocketbooks, the Federal Reserve said Wednesday in its Beige Book report on the economy.
posted by
maximumpips
1444 days ago
in Fundamental, Gold
Gold declined in London as the dollar strengthened and crude oil fell, diminishing the metal's appeal as an alternative asset and hedge against inflation.
posted by
lovethefx
1444 days ago
in USD, Fundamental, Oil
These days when traders see the daily changes of crude oil, more than likely the first factor cited is whatever the dollar happens to be doing on that particular day.
posted by
trade2win
1444 days ago
in CAD, Fundamental, Inflation
Yesterday’s decision by the Bank of Canada not to lower its discount rate as universally expected may have been a shock to economists but it also represents a watershed event of sorts in the conduct of monetary policy.
posted by
fxmasta
1444 days ago
in USD, Fundamental, Inflation
The dollar hit a one-month high versus a basket of major currencies, while the euro fell sharply on Thursday with investors continuing to reassess U.S. and euro zone rate expectations.
posted by
gonepippin
1444 days ago
in EUR, Fundamental, Inflation
The euro has dropped back down to the 1.54 U.S. dollar mark after policymakers at the European Central Bank sought to dampen expectations that it will be embarking on a series of interest rate hikes in the coming months.
posted by
ooogleemooglee
1444 days ago
in Fundamental
Malaysia's industrial production rose 4.3% year-on-year in April, faster than 3.5% recorded in March, the Department of Statistics reported Thursday....
posted by
ooogleemooglee
1444 days ago
in Fundamental
The Icelandic economy grew 1.1% year-on-year in the first quarter in real terms, the Statistics Iceland said Thursday. This is significantly slower compared to 4.6% growth seen in the fourth quarter. On a seasonally adjusted basis, gross domestic ...
posted by
ooogleemooglee
1444 days ago
in Fundamental
Ireland's annual inflation accelerated to 4.7% in May from 4.3% in April due to rise in prices in the utility sector, the Central Statistical Office said Thursday. On a monthly basis, the consumer price index rose 0.8%, faster than 0.1% increase i...
posted by
ooogleemooglee
1444 days ago
in Fundamental
Unemployment rate in Greece rose to 9% in March from 8% in February, the National Statistical Service reported Thursday....
posted by
ooogleemooglee
1444 days ago
in Daily
The Dollar slid on Wednesday as investors debated the outlook for interest rates in the US and Europe given statements from central bank officials in recent days. Investors expect a euro-zone rate rise as soon as July based on comments from ECB Pr...