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By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar drifted higher on Wednesday after data showed the services sector in the world's largest economy rebounded in May after contracting the...
UBS analysts adjusted their forecast for Australia's real GDP growth in the first quarter of 2024, now expecting a slight increase of 0.1% quarter-over-quarter, down from the previously estimated...
Investing.com-- Australia’s economy grew less than expected in the first quarter, gross domestic product data showed on Wednesday, as weak consumption and softer contribution from exports weighed on...
Investing.com-- Australian consumer price index inflation grew more than expected in April, fueling renewed concerns that the Reserve Bank wil have to keep interest rates high to bring down price...
Bank of America (BofA) released a report forecasting that Commodity Trading Advisors (CTAs), known as trend followers, are expected to sell the US dollar (USD) in significant amounts this week. The...
Investing.com-- Australia retail sales grew at a slower-than-expected pace in April as consumer spending remained under pressure from sticky inflation and concerns over high for longer interest...
By Gertrude Chavez-Dreyfuss and Saqib Iqbal Ahmed NEW YORK (Reuters) - The U.S. dollar edged up against the euro on Tuesday, as Federal Reserve policymakers said it is prudent for the U.S. central...
Bank of America reported that investors had broadly sold off the US dollar last week, influenced by slightly positive economic indicators from the United States. The movement came in response to...
Investing.com-- The Reserve Bank of Australia considered increasing interest rates during its May meeting, the minutes of the bank’s meeting showed on Tuesday, as it grappled with a sticky outlook for...
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