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dollar 080219 13sep22 The U.S. dollar gained ground against its major counterparts in the New York session on Tuesday, as U.S. consumer inflation rose unexpectedly in the month of August, supporting expectations that the Federal Reserve will stick with a 75 basis-point rate hike this month. Data from the Labor Department...

australiandollar may07 06sep22 The Australian dollar fell against its most major counterparts in the Asian session on Tuesday, after the Reserve Bank of Australia raised its key interest rate as expected and said that the size of future hikes would be determined by the economic data and the outlook for inflation and the labor market. The...

dollar 080219 02sep22 The U.S. dollar fell against its major counterparts in the European session on Friday, as a moderation in the pace of U.S. job growth and a spike in the unemployment rate in August helped ease inflation worries and trimmed expectations of a 75 basis point hike from the Federal Reserve at its meeting...

Extending the lackluster performance seen earlier in the week, the value of the U.S. dollar has continued to show a lack of direction on Wednesday.

The value of the U.S. dollar has shown a lack of direction over the course of trading on Tuesday, extending the lackluster performance seen in the previous session. Currently, the U.S. dollar index is little changed, down by just 0.04 points or less than a tenth of a percent at 108.79. The greenback...

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