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
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,
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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
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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
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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
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The U.S. dollar experiences a decline to a one-year low due to cooled inflation in the U.S.
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The USD/CAD pair surpasses the 1.3800 level due to the unchanged BoC policy.
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Surprise OPEC+ Cut Prompts Dollar Surge and Reassessment of Fed Plans.
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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
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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
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