Monthly archive September, 2022

The U.S. dollar drifted lower against most of its major counterparts on Monday, extending its slide from the previous session, weighed down by very hawkish comments from the European Central Bank.Original Article Read More →

After exhibiting weakness in the Asian session, the U.S. dollar climbed higher Thursday morning after Federal Reserve Chair Jerome Powell reiterated the central bank's commitment to aggressively fighting inflation.Original Article Read More →

The value of electronic retail card transactions jumped a seasonally adjusted 0.9 percent on month in August, Statistics New Zealand said on Friday - after slipping 0.,2 percent in July.Original Article Read More →

Wholesale inventories in the U.S. increased by less than expected in the month of July, according to a report released by the Commerce Department on Friday. The report showed wholesale inventories rose by 0.6 percent in July after surging by Read More →

The U.S. dollar shed ground against its major counterparts on Friday with traders taking some profits, cashing in recent gains, as they looked ahead to the inflation data, due next week.Original Article Read More →

China's consumer price inflation unexpectedly slowed in August and factory gate inflation hit an 18-month low, providing space for the central bank to ease its monetary policy to support the struggling economy. Consumer price inflation eased to 2.5 percent in Read More →