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US Economic Data - Confounding US economic, inflation data muddy Fed's rate path
The Federal Reserve's latest financial stability report was good news for anyone worried that a record run of interest rate hikes might overstress the banking system or trigger a recession with ...
EUR/USD treks higher as US data underwhelms
EUR/USD sherpa-treks higher on Thursday, with a foothold now above 1.0700 as it continues its labored recovery from the 1.0601 April lows. Recent mixed US data has tarnished the image of the US ...
US GDP Preview: Economic strength extended into first quarter, economists predict
The US Bureau of Economic Analysis (BEA) will publish the first estimate of the US Gross Domestic Product (GDP) for the January-March period on Thursday. The report is expected to show an economic ...
Gold prices tick higher ahead of US economic data
Gold prices edged up on Thursday as the US dollar slipped, while investors focus shifted to US economic data for clues on the Federal Reserve's rate path. Spot gold was up 0.3% at $2,324.10 per ounce ...
Euro Edging Higher As Data Strengthens
The EU's economic downturn may be reversing, helping the Euro strengthen to 0.86 against the Pound Sterling and above 1.07 against the US Dollar.