Monthly archive January, 2024

The U.S. Dollar strengthened against major currencies during the week ended January 19 amidst strong Retail Sales data from the U.S. that implied resilient consumer spending despite high interest rates.Original Article Read More →

UK retail sales declined the most since early 2021 as consumers brought forward Christmas sales into November, and the high cost of living and interest rate hikes damped household spending. Retail sales declined 3.2 percent month-on-month in December, reversing the Read More →

Consumer sentiment in the U.S. has improved much more than anticipated in the month of January, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index surged to 78.8 Read More →

The value of the U.S. dollar has moved modestly lower during trading on Friday, giving back ground after trending over the past few days.Original Article Read More →

A report released by the National Association of Realtors of Friday showed an unexpected decrease in U.S. existing home sales in the month of December. NAR said existing home sales slumped by 1.0 percent to an annual rate of 3.78 Read More →

The U.S. dollar firmed against most of its major counterparts on Thursday amid fading hopes for an early rate cut after data showed a drop in jobless claims in the week ended January 12th. However, the currency pared gains subsequently Read More →