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Dollar retreats as US inflation data eases rate hike expectations
NEW YORK, June 25 : The dollar was set to snap a three-session streak of gains on Thursday, after a flurry of U.S. economic data that included a reading on inflation softened expectations for rate hikes from the Federal Reserve this year. The Commerce Department said the personal consumption expenditures pric
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channelnewsasia.com
Dollar rises to one-year high on Fed hike bets; yen hovers near 40-year low
LONDON, June 23 : The U.S. dollar rose to its highest level in more than a year on Tuesday as traders positioned for a more hawkish Federal Reserve despite oil prices inching…
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Dollar at 13-month high as rate hike bets, stock rout boost demand
HONG KONG, June 24 : The U.S. dollar extended gains to reach a fresh 13-month high against a basket of major currencies on Wednesday as investors sought shelter from a tech stock…
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Dollar hits 13-month high as rate-hike bets, stock rout boost demand
HONG KONG, June 24 : The U.S. dollar extended gains to reach a fresh 13-month high against a basket of major currencies on Wednesday, as investors sought shelter from a tech stock…
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economictimes.indiatimes.com
Dollar rides high on Fed rate-hike bets
The US dollar is experiencing a significant surge, reaching multi-month highs against major currencies like the euro and yen. This strength is fueled by expectations of a robust…
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Dollar hits 13-month highs as investors bank on rate hikes
The US dollar is on a remarkable rise, approaching its most significant monthly increase in a year, fueled by expectations of upcoming rate hikes from the Federal Reserve. This…
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cryptobriefing.com
US inflation climbs to highest since 2023 as consumer spending and income beat forecasts
US consumer spending rose 0.7% in May as CPI hit 4.2%, a three-year high. Here's what the inflation-spending paradox means for crypto and risk assets.
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timesofindia.indiatimes.com
US inflation climbs above 4% for first time in three years as consumer spending stays resilient
US inflation accelerated above the 4% mark for the first time in three years in May, driven by higher energy prices following the Middle East conflict, while consumer spending…
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US 10-year Treasury yield falls to 4.38%, lowest in 7 weeks after soft inflation data
The US 10-year Treasury yield dropped to 4.38% after softer-than-expected PCE inflation data, but strong spending keeps at least one Fed rate hike in play.
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US inflation tops 4% for first time in three years, boosts Fed hike bets
US inflation surged past 4.0% in May, driven by Middle East conflict-fueled energy prices, marking the highest increase in three years. This development pushes the Federal Reserve…
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Bitcoin falls to yearly low after Fed's favored inflation gauge hits three-year high
Bitcoin's decline amid inflation concerns may signal increased market volatility and cautious monetary policy impacting broader economic stability.
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Dollar retreats as US inflation data eases rate hike expectations
NEW YORK, June 25 : The dollar was set to snap a three-session streak of gains on Thursday, after a flurry of U.S. economic data that included a reading on inflation softened…
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US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table for September. Despite this, consumer…
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straitstimes.com
US Fed’s preferred inflation gauge hits fresh three-year high
The personal consumption expenditures prices index jumps 4.1 per cent from a year ago. Read more at straitstimes.com. Read more at straitstimes.com.