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Dollar ends session weaker as inflation eases; yen firms on BOJ talk
The dollar pared some losses against major peers on Wednesday but stayed weaker as cooler-than-expected data eased fears that inflation was accelerating and increased the chances the Federal Reserve could cut interest rates twice this year.
Gold Rises Ahead of U.S. Inflation Data
Gold prices rose, boosted by a softer dollar and concerns over the impact of potential U.S. trade tariffs on inflation after Trump takes office and traders await U.S. inflation data for more cues on the path of monetary policy.
US Stocks Pop On Inflation Data, Strong Earnings
US stocks jumped Wednesday, reversing a recent decline as traders responded enthusiastically to strong bank earnings and data indicating a slowdown in underlying inflation.
Yen rises on BOJ talk; dollar rally pauses ahead of US inflation test
The dollar's towering rally hit a speed bump on Wednesday as traders turned cautious ahead of a closely watched U.S. consumer inflation report due later in the day, while the yen pulled ahead following remarks from Japan's central bank chief.
7h
Dollar’s ‘Wrecking Ball’ Days Return Along With Donald Trump
Goldman Sachs is hardly alone in predicting a further 5% jump in the dollar this year. Commodity Futures Trading Commission ...
9h
on MSN
The U.S. dollar has never been stronger, by one measure. That could create problems for investors.
As President-elect Donald Trump prepares to return to the White House, the U.S. dollar has, by some measures, never been ...
13h
Dollar Falls to 1-Week Low Ahead of U.S. Inflation Data
The dollar fell to a one-week low as investors turned cautious ahead of U.S. inflation data later. U.S. inflation is expected ...
16h
Dollar strength reminds Wall Street 'US exceptionalism' isn't isolationism
While "U.S. exceptionalism" has undoubtedly helped drive Wall Street's record-busting returns in recent years, it should not ...
5h
GM inks multibillion-dollar deal for synthetic battery materials that would bypass China
Once Norway's Vianode launches production in North America, the deal will run through 2033. The new plant could be in the U.S ...
1d
on MSN
Dollar, U.S. 10-Year Treasury Yields Rise to 2-Year High After Strong Data Dim Rate-Cut Prospects
The dollar hit fresh highs against several currencies and U.S. 10-year borrowing costs increased in tandem, continuing their ...
12h
on MSN
Does the Strong U.S. Dollar Mean It's Time to Plan an Overseas Vacation?
Key Takeaways The U.S. dollar has surged in recent months, and Bank of America analysts expect it to stay strong through ...
1d
Dollar treads water ahead of CPI, tariffs remain in focus
The dollar weakened against the euro on Tuesday but stayed near its highest level in more than two years as ...
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