Monthly archive June, 2023

A report released by the Commerce Department showed a dramatic slowdown in the annual rate of U.S. consumer price growth in the month of May. The report said the annual rate of consumer price growth slowed to 3.8 percent in Read More →

The U.S. dollar climbed higher on Thursday, extending gains from the previous session, as strong economic data and comments from Federal Reserve Chair Jerome Powell raised rate hike prospects.Original Article Read More →

The U.S. dollar firmed against its major rivals on Wednesday, after Federal Reserve Chair Jerome Powell's speech at the European Central Bank Forum in Sintra.Original Article Read More →

Consumer confidence survey results from Germany and France are due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, the market research group GfK is scheduled to issue Germany's consumer confidence survey results. The Read More →

A report released by the Conference Board on Tuesday showed a significant improvement in U.S. consumer confidence in the month of June. The Conference Board said its consumer confidence index jumped to 109.7 in June from a revised 102.5 in Read More →

Federal Reserve Chair Jerome Powell's hawkish comments at the congressional testimony lifted the Dollar higher against most currencies during the week spanning June 16 to 23.Original Article Read More →