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By Hannah Lang NEW YORK (Reuters) -The dollar fell on Thursday after revised data showed that gross domestic product, the broadest measure of economic activity, grew at slower pace than previously...
By Hannah Lang NEW YORK (Reuters) -The dollar rose on Wednesday, boosted by higher U.S. bond yields ahead of key inflation data later in the week, and strengthened against the Japanese yen. The...
As we approach the second half of 2024, investors are keenly eyeing currency movements for indicators of how the forex market could shape up over the next few months. In this context, JPMorgan has...
Gavekal Research analysts said in a note Tuesday that the trajectory looks unclear beyond an initial round of rate cuts in Europe. In Western Europe, the rate-cutting train is "pulling out of the...
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...
By Stephen Culp NEW YORK (Reuters) -U.S. stocks ended sharply lower on Thursday as enthusiasm over Nvidia (NASDAQ:NVDA)'s quarterly results faded and robust economic data fueled concerns over...
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar rose against the euro on Thursday after data showed U.S. business activity accelerated to the highest level in just over two years in May,...
A look at the day ahead in U.S. and global markets from Mike Dolan Yet another quarterly earnings beat from AI-chip behemoth Nvidia (NASDAQ:NVDA) catapulted Wall St stock futures higher again on...
LONDON (Reuters) - The Bank of England allotted 16.245 billion pounds ($20.64 billion) of one-week funds in its short-term repo operation on Thursday, the largest usage of the facility since it...
Bank of America (BofA) released its currency market forecast, projecting the EUR-USD exchange rate to reach 1.12 by the end of the year. The bank's analysts expect the majority of the euro's...
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