Dollar slides on Fed rate cut expectations
Second day of losses for the US currency The US dollar fell for a second consecutive session on Wednesday, following an inflation report that strengthened market expectations for a Federal Reserve rate
Dollar Slips as CPI Data Fuels Rate Cut Bets
Moderate inflation supports easing outlook The U.S. dollar lost ground against major currencies on Tuesday after new consumer price data reinforced expectations for a Federal Reserve interest rate cut in September. Figures
U.S. Dollar Bounces Back Amid Trade War Concerns
The U.S. dollar rebounded on Tuesday, recovering from a six-week low against the euro. Despite this recovery, market sentiment remains cautious as traders remain focused on the ongoing trade conflict between the
Lagarde: Euro Could Compete with Dollar if Europe Strengthens
The euro has the potential to become a viable alternative to the U.S. dollar, providing immense benefits to the 20-nation bloc, but only if governments focus on strengthening Europe’s financial and security
Eurozone Inflation Eases, ECB Rate Cut Likely
March data fuels speculation of April policy shift Eurozone inflation slowed for the second consecutive month in March, coming in at 2.2%, down from 2.3% in February and reinforcing expectations that the
U.S. Dollar Falls to Multi-Month Lows After Weak Jobs Data
The U.S. dollar dropped to multi-month lows against the euro and yen on Friday after data showed the labor market in the world’s largest economy slowed last month, creating fewer jobs than
Rising Yields Lift U.S. Dollar as Election and Fed Decision Near
Amid growing anticipation of the U.S. presidential election on Nov. 5, the dollar’s strength surged, buoyed by a spike in U.S. bond yields. Investors are navigating an economic landscape marked by resilient