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dollar 080219 10aug22 The U.S. dollar lost ground against its major counterparts in the European session on Wednesday, as the nation's consumer inflation slowed more than expected in July, reducing expectations for a 75 basis-point rate hike by the Federal Reserve in September. Data from the Labor Department showed that...

After showing a strong move to the upside in morning trading on Friday, the U.S. dollar has given back some ground but remains firmly positive.

pound jun20 04aug22 The pound weakened against its major counterparts in the European session on Thursday, after the Bank of England raised its benchmark rate by half-a-percentage point and said that the economy is set to fall into a recession in the fourth quarter. The monetary policy committee of the central bank...

australiandollar may07 02aug22 The Australian dollar drifted lower against its major counterparts in the Asian session on Tuesday, after the Reserve Bank of Australia raised its key interest rate as expected and said that there is no pre-set path in the normalization of the monetary policy in the months ahead. The policy board...

dollar 080219 29jul22 The U.S. dollar firmed against its major counterparts in the European session on Friday, as the Federal Reserve's preferred measure of core inflation accelerated in the month of June, sparking hopes that the central bank will continue its tightening cycle in the months ahead. Data from the Commerce...

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