Category: edges
-
Dollar steadies, euro edges higher ahead of key ECB meeting By Investing.com
•
Investing.com – The US dollar was steady in early European trade on Thursday, while the euro rose ahead of the European Central Bank’s latest policy-setting meeting. At 04:00 EST (09:00 GMT), the dollar index, which tracks the US currency against a basket of six other currencies, rose slightly to 104.265.…
-
Dollar edges up ahead of key data, Bank of Canada policy meeting By Reuters
•
Written by Stefano Ribaudo (Reuters) – The dollar rose ahead of key U.S. economic data on Wednesday, with investors also awaiting a monetary policy meeting in Canada that could trigger a cycle of interest rate cuts. Investors are awaiting US services data on Wednesday, and more jobs numbers later in…
-
Dollar edges lower, but on track for hefty weekly gains By Investing.com
•
Investing.com – The U.S. dollar fell in early European trade on Friday, but was still on track for its biggest weekly rise in more than a month as expectations of early interest rate cuts from the Federal Reserve faded. At 04:40 EDT (08:40 GMT), the dollar index, which tracks the…
-
Kenya economy edges up to 5.6pc in 2023
•
The recovery in the agricultural sector raised economic growth last year to 5.6 percent from 4.9 percent in 2022. The Kenya National Bureau of Statistics (KNBS) released the 2024 Economic Survey on Monday, detailing how different sectors and the labor market are performing. Sector performance The agricultural sector recovered from…
-
Kenya economy edges up to 5.6pc in 2023
•
The recovery in the agricultural sector raised economic growth last year to 5.6 percent from 4.9 percent in 2022. The Kenya National Bureau of Statistics (KNBS) released the 2024 Economic Survey on Monday, detailing how different sectors and the labor market are performing. Sector performance The agricultural sector recovered from…
-
Asia FX edges lower, dollar steadies with inflation on tap By Investing.com
•
Investing.com — Most Asian currencies moved in a flat to lower range on Monday, while the dollar stabilized from recent volatility as focus turned squarely to upcoming US inflation data for further signals on interest rates. Moderate Chinese inflation data weighed on the yuan, while also sparking slight weakness in…
-
Dollar edges higher, helped by hawkish Fed speakers ; Sterling slips ahead of BOE By Investing.com
•
Investing.com – The US dollar rose on Thursday, trading in a narrow range ahead of important US inflation data next week, while the pound fell ahead of the Bank of England’s policy meeting. At 04:35 EDT (08:35 GMT), the dollar index, which tracks the greenback against a basket of six…
-
Oil edges higher on renewed Middle East tensions, Saudi price hikes (NYSEARCA:USO)
•
Slavko Sereda/iStock via Getty Images Crude oil recovered part of the heavy losses incurred last week, with the Middle East risk premium returning to the market as Israel prepares to launch a military attack on the city of Rafah, located in the far south of the Gaza Strip, where hundreds…