Initial Jobless Claims dropped to 218K last week
[ad_1] Initial Jobless Claims fell to 218K vs. the previous week. Continuing Jobless Claims dropped to 1.926M. According to a…
Category: Forex News
Fed’s Daly calls for more rate cuts, but Fed needs to watch labor and inflation
[ad_1] Federal Reserve (Fed) Bank of San Francisco President Mary C. Daly made additional comments on Thursday, acknowledging that further…
US Durable Goods Orders rise 2.9% in August vs. -0.5% expected
[ad_1] Durable Goods Orders in the US rose unexpectedly in August. US Dollar Index stays in positive territory above 98.00.…
Dow Jones Industrial Average loses ground despite upbeat GDP print
[ad_1] The Dow Jones fell another 200 points on Thursday, turning red on the week. The Dow has fallen for…
Job market seems to be cooling, inflation is going up
[ad_1] Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee repeated on Thursday that he fells “somewhat uneasy” with frontloading…
Recent data points to rising risks to job market
[ad_1] Federal Reserve (Fed) Bank of Kansas City President Jeffrey Schmid said on Thursday that the Fed is currently close…
EUR/USD slumps as US Dollar surges on strong US data, tests 1.1700
[ad_1] The Euro weakens for the second consecutive day as robust US data boosts the Greenback. Jobless Claims, GDP and…
US real GDP expands 3.8% in Q2 vs. 3.3% expected
[ad_1] The US economy expanded at a robust pace in the second quarter. The US Dollar Index clings to strong…
GBP/USD falls to three-week low as strong US data boosts Dollar
[ad_1] The British Pound weakens as upbeat US data drives broad-based demand for the Greenback. US GDP revised sharply higher;…
US Dollar stronger ahead of PCE inflation data
[ad_1] The US Dollar Index (DXY) is trading strongly on Thursday, awaiting data on the Personal Consumption Expenditures (PCE) Price…