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On Thursday, Citi announced its decision to exit a long position in the AUD/USD currency pair, citing recent economic data that suggests potential risk to their initial forecast. The firm had entered...
A look at the day ahead in European and global markets from Tom Westbrook Strong business activity indicators in Europe and an unexpected cooling in the U.S. have carried the euro above $1.07....
Investing.com-- Australian consumer price index inflation grew more than expected in the first quarter of 2024, remaining above the Reserve Bank of Australia’s target range and presenting the central...
Bank of America (NYSE:BAC) reported a bullish sentiment toward the US dollar among investors following a series of meetings. The bank noted that the combination of Federal Reserve repricing after...
Investing.com - The U.S. dollar has been one of the success stories of the year so far, and Goldman Sachs (NYSE:GS) has updated its forecasts, leaning into the direction of the greenback being...
Investing.com-- Australia’s labor force shrank slightly in March following an outsized increase in the prior month, although the labor market was still relatively tight as unemployment remained low...
By Herbert Lash and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar on Wednesday fell for the first time in six days, as investors consolidated gains after Federal Reserve officials repeated...
By Karen Brettell NEW YORK (Reuters) -The dollar reached a five-month high against the euro on Tuesday after Federal Reserve Chair Jerome Powell said the U.S. central bank may need to keep rates...
By Chuck Mikolajczak and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rose to its highest since November on Friday, boosted by safe-haven demand amid geopolitical tension in the...
Investing.com-- Australian consumer sentiment weakened further in early-April, a private survey showed on Tuesday, as fears of slowing economic growth, sticky inflation and higher-for-longer interest...
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