KUALA LUMPUR: The ringgit slipped against the greenback for a third consecutive day following the rise in the US Dollar Index (DXY) ahead of the US...
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The EURUSD is extending its losing spell for the fourth trading day and touched a fresh year-to-date (YTD) low of 1.0592 on Wednesday amid caution ahead of the US Consumer Price Index (CPI) data for October later in the day. The CPI report is expected to show that the annual headline inflation accelerated to 2.6% from 2.4% in September. The core CPI – which excludes volatile food and energy prices – rose steadily by 3.3%. The inflation data will influence market expectations for the Federal Reserve’s likely monetary policy action in December. The Fed is expected to cut interest rates
KUALA LUMPUR: The ringgit slipped against the greenback for a third consecutive day following the rise in the US Dollar Index (DXY) ahead of the US...
EURUSD rebounds to near 1.0770 in European trading on Thursday, with the major currency pair bouncing back after posting a more than four-month low...
Stock market crash today: Markets were volatile around the US elections which could influence the US Fed's policy. Also international oil prices rose
The EURUSD currency pair gained to near 1.0890 in Tuesday’s New York session, remaining shy of the key resistance of 1.0900 on presidential...
EURUSD trades cautiously near more than four-month low around 1.0700 on Monday. The major currency pair remains on tenterhooks as the election of...
ABUJA—THE Federal Executive Council (FEC) yesterday approved a budget proposal of N47.9 trillion for the 2025 fiscal year and borrowing of N13.8...
By Muren Jin In recent times, U.S. economic data has become a target of criticism, with the degree of division caused by it being no less intense...
US inflation probably moved sideways at best in October, highlighting the uneven path of easing price pressures in the home stretch toward the Federal...
Exports from Portuguese-speaking countries to China increased by 2.6% in the first nine months of 2024, maintaining the best start of the year ever,...
KUALA LUMPUR: The ringgit is likely to trade on a cautious tone next week ahead of the US Presidential election on Nov 5, said an analyst. Read full...