It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
With PCE data released last week indicating that U.S. inflation had stabilised in April, the currency market began the week ...
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off, as the focus shifts ...
The US services sector snapped back into growth mode in May after a short-lived contraction in the prior month, with a measure of business activity improving by the most in three years, according to a ...
LONDON (Reuters) -The dollar firmed on Friday as traders await key inflation data after a downward revision to first-quarter ...
The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month ...
The number of job openings in the US shrank for the second month in a row, setting a new three-year low amid further<a class= ...
Asian markets fell Tuesday as traders were spooked by signs of weakness in the US economy, even as the data boosted hopes the ...
As traders reduced their exposure to risky emerging markets on Wednesday, the dollar remained stable as they awaited Canadian ...
Gold price stages a decent bounce toward $2,340 early Wednesday amid a better mood. The US Dollar stabilizes with US Treasury ...
A GLOBAL bond rally gathered pace on Tuesday (Jun 4), with Treasury yields falling further after a bigger-than-expected slide in US job openings that suggests the world’s biggest economy is cooling.