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Investing.com - The U.S. dollar stabilized Thursday after a sharp overnight drop in the wake of Fed Chair Jerome Powell ruling out any rate hikes, while the Japanese yen was volatile amid intervention...
Investing.com-- Australia’s trade balance shrank to an over three-year low in March, hit chiefly by a sharp increase in imports, while weakness in exports, particularly those of key commodities,...
Investing.com - The U.S. dollar edged higher Wednesday, climbing towards its highest level in November ahead of the conclusion of the latest Federal Reserve policy-setting meeting. At 04:00 ET (09:00...
Investing.com-- Australian retail sales unexpectedly shrank in March as consumer spending remained under pressure from sticky inflation and high mortgage rates- a trend that is expected to continue in...
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...
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 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 recent CPI data...
Investing.com - The U.S. dollar has been one of the success stories of the year so far, and Goldman Sachs has updated its forecasts, leaning into the direction of the greenback being “stronger for...
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...
Investing.com - The Australian share market is bracing for a drop on Thursday as traders recalibrate their expectations for interest rate cuts following a third consecutive month of unexpectedly high...
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