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Monthly archive August, 2019

Fed Intends To Remain Flexible Regarding Future Interest Rate Cuts

Citing a lack of clarity about when the risks to the U.S. economy will be resolved, the minutes of the Federal Reserve's latest monetary policy meeting showed the central bank intends to remain flexible regarding future changes to interest rates. Read More →

Dollar Recovers After Early Weakness, Gains Against Major Rivals

The U.S. dollar recovered after a weak start on Wednesday, and edged further up after the release of the minutes of the Federal Reserve's July meeting.Original Article Read More →

Dollar Loses Ground Ahead Of Fed Minutes

The U.S. dollar traded weak on Tuesday as treasury yields dropped and traders looked ahead to the minutes of the Federal Reserve's July meeting, and Jerome Powell's speech at the symposium in Jackson Hole later this week.Original Article Read More →

RBA To Consider Further Monetary Policy Easing If Needed, Minutes Say

The Reserve Bank of Australia would consider further monetary easing if needed to underpin sustainable growth and inflation and reviewed various unconventional policy loosening measures, according to the minutes of the meeting held in August. At the meeting, policymakers assessed Read More →

U.S. Business Inventories Unexpectedly Unchanged In June

With a drop in retail inventories offsetting an increase in manufacturing inventories, the Commerce Department released a report on Thursday showing U.S. business inventories were virtually unchanged in the month of June.Original Article Read More →

U.S. Dollar Turning In Lackluster Performance After Slew Of Data

With traders digesting a deluge of U.S. economic data, the U.S. dollar turned in lackluster performance during trading on Thursday.Original Article Read More →