Browsing: US DOLLAR

U.S Inflation Rate Climbs to 2.7% in November US consumer inflation climbed for a second consecutive month in November, according…

The US dollar rose against its major trading partners early Wednesday before a quiet data schedule for the remainder of the day that includes only weekly petroleum stocks data.

Prices of crude oil decline over rising U.S dollar. The global commodity market trading bearish ahead of US Federal Reserve (Fed) Chairman Jerome Powell speech. The U.S Fed chair is scheduled to speak on the economic outlook after inflation surge triggered caution markets temperature. Strong dollar has raised energy costs for major importers –China, US and India amidst geopolitical tensions.

The US dollar traded on a mixed note against its major trading partners in the forex markets on Wednesday—up versus the yen and Canadian dollar.

Post election trading pattern saw the US dollar strengthening against its major trading partners in the forex markets early Tuesday ahead of the release of consumer sentiment reading, the first for November, and New York Federal Reserve’s inflation expectations report for October.

Nigeria’s US dollar bond yield climbed to 9.70% as bearish sentiment nudged the yield curve despite a mixed outing…

The US dollar fell against its major trading partners early Friday before the release of September home building data, and ahead of Fed appearance.

China’s FX Reserves Climb to $3.288 Trillion in August China’s foreign exchange (FX) reserves climbed to $3.288 trillion in August,…

The US dollar rose against its major trading partners early Tuesday, except for a decline versus the yen, after the long holiday weekend as markets now turn

US Dollar Mixed on Powell’s Rate Cut Signal The US dollar was mixed against its major trading partners early Monday…