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By David Milliken and Suban Abdulla LONDON (Reuters) -British inflation returned to its 2% target for the first time in nearly three years in May, but strong underlying price pressures all but rule...
By Rae Wee and Stefano Rebaudo (Reuters) -The dollar steadied on Wednesday as soft U.S. economic figures weighed by boosting U.S. rate-cut bets but political jitters in Europe offered some support by...
Investing.com - The U.S. dollar steadied Wednesday after overnight losses, while sterling edged higher after the U.K. inflation returned to the Bank of England’s target for the first time in nearly...
Investing.com - The US dollar experienced a dip on Wednesday, following weak retail sales data that boosted expectations of impending Federal Reserve rate cuts. Meanwhile, the British pound saw a...
By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks advanced for a second straight session on Tuesday and U.S. Treasury yields fell after a softer-than-expected report on consumer...
By Rae Wee SINGAPORE (Reuters) -The yen fell to an over one-month low on Friday after the Bank of Japan (BOJ) stood pat on rates and said it would trim bond buying in the future, while the euro,...
A look at the day ahead in U.S. and global markets from Mike Dolan With a still-powerful "buy the dip" instinct in stocks, U.S. markets are having a rare bout of jitters about a slowing economy -...
As we approach the second half of 2024, investors are keenly eyeing currency movements for indicators of how the forex market could shape up over the next few months. In this context, JPMorgan...
Gavekal Research analysts said in a note Tuesday that the trajectory looks unclear beyond an initial round of rate cuts in Europe. In Western Europe, the rate-cutting train is "pulling out of the...
Bank of America (NYSE:BAC) (BofA) released a report forecasting that Commodity Trading Advisors (CTAs), known as trend followers, are expected to sell the US dollar (USD) in significant amounts this...
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