The US dollar struggles to find demand early Thursday after having failed to capitalise on January inflation data on Wednesday. The European economic...
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The USDJPY currency pair gathered bullish momentum in the early American session on Wednesday and reached a fresh weekly high near 154.50, up just over 1% on the day. The US dollar is outperforming its rivals and helps USDJPY push higher following the January inflation data, which will influence the Fed’s monetary policy outlook. The Bureau of Labor Statistics reported that the consumer price index (CPI) rose 3% on a yearly basis in January, above the market expectation and December’s increase of 2.9%. Additionally, the core CPI, which excludes volatile food and energy prices, increased 0.4% on a monthly basis.
The US dollar struggles to find demand early Thursday after having failed to capitalise on January inflation data on Wednesday. The European economic...
After weakening against major rivals on improving risk mood and disappointing US data on Tuesday, the US dollar struggles to hold its ground early...
With new data showing US inflation remaining not only persistent but getting hotter, Nigel Green, CEO of financial advisory giant deVere Group, said...
US consumer inflation unexpectedly rose in January, adding pressure on the Federal Reserve to maintain its pause on interest rate cuts. According to...
CEBU CITY, Philippines — The regional inflation rate for Central Visayas for January 2025 was 0.4 percent down compared to the previous month’s...
KUALA LUMPUR: The ringgit opened lower against the US dollar as market sentiment remained cautious following the latest US inflation data and ongoing...
The inflation rate for January 2025 remained unchanged from the previous month, coming in at 2.9%, the Philippine Statistics Authority said on...
WASHINGTON, United States — US consumer inflation unexpectedly accelerated last month, data showed Wednesday, in a moment of potential political...
The Pound Sterling remains bid for the third consecutive day, bolstered by positive market sentiment, edging up 0.34% as the GBPUSD trades at...
Turkey’s monthly inflation rate climbed more than expected to 5.03 per cent in January due to a minimum wage hike and several new-year price...