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Monthly archive September, 2023

U.S. Existing Home Sales Unexpectedly Decrease For Fourth Straight Month

The National Association of Realtors released a report on Thursday unexpectedly showing a continued decrease in U.S. existing home sales in the month of August. NAR said existing home sales fell by 0.7 percent to an annual rate of 4.04 Read More →

Norges Bank Signals December Hike On High Inflation

Norway's central bank raised its key interest rate by 25 basis points on Thursday, as signaled during the previous meeting, and sounded more hawkish than expected with Governor Ida Wolden Bache saying that there would likely be another hike Read More →

UK Inflation Softens In August

UK consumer price inflation unexpectedly slowed to an 18-month low in August, official data showed ahead of the Bank of England's monetary policy announcement on Thursday, raising chances of a pause in the interest rate hike cycle. The consumer price Read More →

Dollar Mixed Against Major Rivals Ahead Of Fed Policy Decision

The U.S. dollar traded weak against most of its major counterparts on Tuesday with traders awaiting the Federal Reserve's monetary policy announcement, due on Wednesday.Original Article Read More →

Dollar Subdued Against Major Rivals Ahead Of Policy Meetings

The U.S. dollar lost ground against some of its major counterparts on Monday as traders looked ahead to interest-rate decisions from the Federal Reserve, the Bank of England and the Bank of Japan.Original Article Read More →

New York Manufacturing Index Unexpectedly Indicates Modest Growth In September

A report released by the Federal Reserve Bank of New York on Friday showed a substantial turnaround by New York manufacturing activity in the month of September. The New York Fed said its general business conditions index surged to a Read More →