Monthly archive May, 2022

After climbing higher against major peers in the European session, the U.S. dollar retreated on Friday, giving up gains against some counterparts, with traders weighing the prospects for futures interest rate hikes.Original Article Read More →

The U.S. dollar firmed against major counterparts and rose to a fresh two-decade high in the process on Thursday, with prospects of sharper rate hikes and tighter policies buoying up the currency's safe-haven appeal.Original Article Read More →

The Philippine economy registered a faster-than-expected growth in the first quarter as the Omicron wave faded and the relaxation of pandemic restrictions boosted a broad-based recovery, data published by the Philippine Statistics Authority showed Thursday. Gross domestic product grew 8.3 Read More →

A highly anticipated report released by the Labor Department on Wednesday showed the annual rate of U.S. consumer price growth slowed by less than expected in the month of April. The Labor Department said consumer prices in April were up Read More →

The U.S. dollar is hovering near a two-decade high on Tuesday, despite turning in a somewhat sluggish performance, as traders look ahead to the crucial inflation data, due on Wednesday.Original Article Read More →

The U.S. dollar climbed to a fresh 20-year high on Monday as bond yields rose amid rising expectations the Federal Reserve will aggressively tighten its policy to combat soaring inflation.Original Article Read More →