US job growth outperformed forecasts in May, as the unemployment rate increased to 3.7%. Despite a higher-than-anticipated gain in employment in the United States in May, the Federal Reserve may
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As European inflation slows, the dollar rises to its highest level since mid-March. After statistics revealed that China’s growth is faltering and that European inflation is declining faster than anticipated,
What Could Happen If the US Fails to Raise the Debt Ceiling? Impact on the economy: Households and businesses that don’t receive federal payments owed to them would likely reduce
Due to the impasse in the debt ceiling negotiations, the US dollar falls on Monday at the opening of the US session. After trading mostly sideways on Monday with the
Central bank meetings are in focus as the dollar remains mostly unchanged. The EUR/USD currency pair edged higher on Thursday to 1.0956, with German producer prices falling 2.6% on the
The U.S. dollar experiences a decline to a one-year low due to cooled inflation in the U.S.
The USD/CAD pair surpasses the 1.3800 level due to the unchanged BoC policy.
Surprise OPEC+ Cut Prompts Dollar Surge and Reassessment of Fed Plans.
The Dollar Index has risen 3.8% to 104.5 from its lows in early February. Prior to that, the dollar index had been falling since late September, giving back half of
U.S. retail sales fell by the most in a year in December, pulled down by declines in purchases of motor vehicles and a range of other goods, putting consumer spending