Monthly archive January, 2024

The UK economy recovered as expected in November supported by services and production, but the growth was not sufficient to soothe recession fears as even a slight downturn in December will result in two consecutive quarters of contraction. Real gross Read More →

After drifting lower against its major counterparts Friday morning following the release of the producer price inflation data, the U.S. dollar recovered some lost ground and advanced against a few rivals.Original Article Read More →

Producer prices in the U.S. unexpectedly edged slightly lower in the month of December, according to a report released by the Labor Department on Friday. The Labor Department said its producer price index for final demand slipped by 0.1 percent Read More →

The U.S. dollar, which climbed higher on Thursday after data showed a bigger than expected increase in the nation's consumer price inflation in the month of December, has pared gains and is turning in a mixed performance against its major Read More →

The U.S. dollar turned in a weak performance against most of its major counterparts on Wednesday with traders awaiting U.S. consumer and producer price inflation data, due later in the week.Original Article Read More →

Australia's consumer price inflation softened to the lowest in nearly two years in November, figures from the Australian Bureau of Statistics showed on Wednesday. The consumer price index posted an annual increase of 4.3 percent in November, slower than the Read More →