US dollar mixed after inflation report supports smaller Fed rate cut
The US dollar was mixed overall on Wednesday (Sep 11) in choppy trading after data showed underlying inflation in the world's largest economy rose in August, reinforcing expectations that the Federal Reserve will likely implement a smaller 25-basis-point interest rate cut option next week.
Though Treasurys are attractive for their safe-haven repute, several analysts voiced concern that this is at risk. US ...
US dollar faces selling pressure on Monday as it retests multi-month lows ahead of a likely outsized Fed cut, gold price ...
The US dollar index stayed slippery after a volatile movement over last two sessions. The US dollar is failing to hold onto one week highs above 101 mark following Federal Reserves jumbo interest rate ...
Jerome Powell-led rate-setting panel is widely expected to reduce the policy rate for the first time in four years after ...
U.S. companies from Target and Macy's to package delivery firm UPS plan to hire thousands of seasonal workers ahead of the ...
Although many countries would like to see an alternative to the US dollar, its dominance is unlikely to come to an end anytime soon.
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There is strong optimism for naira recovery in the foreign exchange market against the US dollar following decision taken by ...
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