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Monthly archive May, 2022

Dollar Tumbles Against Major Counterparts After Powell Rules Out Aggressive Rate Hikes

After staying sluggish in the Asian and European sessions, the U.S. dollar tumbled on Wednesday after the Federal Reserve Chair Jerome Powell ruled out a 75-basis point hike.Original Article Read More →

Dollar Retreats From Record High Ahead Of Fed Rate Decision

The U.S. dollar came off recent highs on Tuesday as markets looked ahead to the Federal Reserve's interest rate decision, due on Wednesday.Original Article Read More →

U.S. Factory Orders Surge More Than Expected In March

New orders for U.S. manufactured goods spiked by more than expected in the month of March, according to a report released by the Commerce Department on Tuesday. The report showed factory orders surged by 2.2 percent in March following a Read More →

Dollar Rises Against Major Counterparts Ahead Of Fed Policy Meeting

The U.S. dollar climbed higher against its major peers on Monday as traders looked ahead to the upcoming rate decision from the Federal Reserve.Original Article Read More →

Chicago Business Barometer Pulls Back Sharply In April

After reporting a significant rebound in the pace of growth in Chicago-area business activity in the previous month, MNI Indicators released a report on Friday showing the pace growth pulled back in the month of April.Original Article Read More →

U.S. Consumer Sentiment Improves Slightly Less Than Initially Estimated In April

Consumer sentiment in the U.S. improved slightly less than initially estimated in the month of April, according to revised data released by the University of Michigan on Friday. The report showed the consumer sentiment index for April was downwardly revised Read More →