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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...
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 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...
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose on Thursday as a mixed batch of U.S. data did little to shake views that the economy is still on solid ground, suggesting the Federal...
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...
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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