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US Economic Data - Pound Sterling trades with caution ahead of US PCE inflation data
The Pound Sterling trades higher against its major peers on Friday as investors expect the Bank of England (BoE) to hold interest rates steady at 4% in the remainder of the year. The BoE is unlikely ...
US Dollar Forecast: Gains on Strong GDP and Jobless Claims – GBP/USD and EUR/USD
US Dollar rises as GDP hits 3.8% and jobless claims fall to 218K. Outlook for GBP/USD and EUR/USD hinges on PCE inflation data.
US economy grows at fastest pace in nearly two years in Q2 on strong consumer spending
WASHINGTON: The US economy grew faster than first estimated in the second quarter, driven by robust consumer spending and business investment, according to revised government data released on Thursday ...
US economy grows at 3.8%, fastest pace in two years
The US economy saw a surprising 3.8% growth in Q2, driven by decreased imports and increased consumer spending ...
Dollar rises against peers after US economic data
The dollar strengthened against major peers including the euro and yen on Thursday following U.S. economic data, which would likely restrain the future interest rate cuts by the Federal Reserve.