Monthly archive September, 2023

The Federal Reserve released a report on Friday showing U.S. industrial production increased by much more than expected in the month of August. The report said industrial production climbed by 0.4 percent in August following a downwardly revised 0.7 percent Read More →

Preliminary data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by more than expected in the month of September. The report said the consumer sentiment index fell to 67.7 in September from 69.5 Read More →

The value of the U.S. dollar is seeing modest weakness during trading on Friday, giving back ground following the advance seen on Thursday.Original Article Read More →

The U.S. dollar climbed higher on Thursday thanks to upbeat economic data, and on the European Central Bank signaling a likely halt to its rate hike cycle.Original Article Read More →

A report released by the Commerce Department on Thursday showed business inventories in the U.S. came in flat in the month of July. The Commerce Department said business inventories were virtually unchanged in July following a revised 0.1 percent dip Read More →

The U.S. dollar was subdued against most of its major counterparts on Wednesday after inflation data came in line with expectations.Original Article Read More →