Category: Focus
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PMI data in focus in European trading today
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The dollar maintains its stability again, after the slight gains it achieved yesterday. USD/JPY is vying for last week’s high at 156.78 while EUR/USD is pulling back towards a test of its 100-day moving average at 1.0814. This comes after the Fed’s meeting minutes were released overnight, which although more…
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Asia FX rises as CPI data dents dollar, puts rate cuts in focus By Investing.com
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Investing.com — Most Asian currencies rose on Thursday after some weak U.S. consumer inflation readings pushed the dollar to a one-month low and saw traders increase their bets on a September interest rate cut. But gains in some regional units were held back by a combination of weak economic data…
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Dollar pushes higher; Fed speakers in focus By Investing.com
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Investing.com – The US dollar rose on Wednesday, rebounding from recent weakness as several Federal Reserve officials spoke out. At 04:20 EDT (08:20 GMT), the dollar index, which tracks the US currency against a basket of six other currencies, was up 0.2% at 105.500, pulling away from a nearly one-month…
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A Post-Buffett Berkshire Is Omaha Focus After Munger’s Passing
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Breadcrumb links BMN Business Berkshire Hathaway’s annual meeting on Saturday gave shareholders a glimpse into how the group would operate without Charlie Munger, who died last year at the age of 99. Then came the questions: How would you do without Warren Buffett? Article writer: Bloomberg News Amanda Albright and…
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Dollar stabilizes after Powell speech; labor market data in focus By Investing.com
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Investing.com – The U.S. dollar steadied on Thursday after falling sharply overnight following Federal Reserve Chairman Jerome Powell ruling out any rate hikes, while the Japanese yen was volatile amid talk of intervention. At 06:00 EST (10:00 GMT), the dollar index, which tracks the greenback against a basket of six…