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Monthly archive July, 2022

U.S. Dollar Appreciates As Hot Inflation Data Reinforces Fed Rate Hike Bets

The U.S. dollar drifted higher against its major counterparts in the European session on Wednesday, as the nation's consumer inflation accelerated more than expected in June, cementing hopes for aggressive monetary policy tightening by the Federal Reserve.Original Article Read More →

U.S. Dollar Gives Back Ground After Reaching Parity Versus Euro

After seeing continued strength overnight, the value of the U.S. dollar has given back ground over the course of trading on Tuesday.Original Article Read More →

Dollar Gains Against Major Rivals, Climbs To Fresh Near 2-decade High

The U.S. dollar climbed higher against its major rivals on Monday, with investors looking ahead to the crucial inflation data due later in the week, and betting on hopes the Federal Reserve will continue with its policy tightening moves.Original Read More →

New Zealand June Electronic Retail Card Spending Adds 0.1%

The value of electronic retail card spending in New Zealand rose a seasonally adjusted 0.1 percent on month in June, Statistics New Zealand said on Monday - down from the 1.8 percent increase in May.Original Article Read More →

UK House Price Inflation Highest Since 2004: Halifax

UK house prices rose at the fastest annual pace since late 2004 in June, survey data from the Llyods Bank subsidiary Halifax showed Thursday.Original Article Read More →

U.S. Wholesale Inventories Jump Less Than Expected In May

The Commerce Department released a report on Friday showing wholesale inventories in the U.S. increased by less than expected in the month of May. The report showed wholesale inventories jumped by 1.8 percent in May after surging by an upwardly Read More →