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US Economic Data - US Dollar: Hot Inflation Data This Week May Catapult Greenback Above 110 Barrier
US dollar keeps gaining strength amid solid economic data and inflation concerns Right now, the market is eyeing key inflation reports this week to determine the Fed's next move. Meanwhile, the ...
Strong jobs data hammer mood ahead of US CPI, earnings [Video]
Surprise! The US economy added more than 250K new nonfarm jobs in December, some 90K more than expected, and the unemployment rate fell to 4.1%. If it’s any comfort for the Federal Reserve (Fed) doves ...
Rupee breaches 86 against US dollar on strengthening dollar, weak FII inflows
The strong dollar, rise in crude oil prices and selling by foreign investors in the equity market are the major reasons for depreciation in the rupee.
Is US inflation set to rise further?
Economists polled by Reuters expect Wednesday’s US consumer price index to show inflation of 2.8 per cent in December, up from 2.7 per cent a month earlier. They anticipate that core inflation, which ...
US jobs data sparks Wall Street sell-off while pound slump continues
Global stock markets were in the red on Friday as investors reacted to stronger-than-expected labour market data from the world’s largest economy.