Tag: rises

Australian Dollar Tumbles after RBA Disappoints, Asia FX Rises By Investing.com

© Reuters. By Ambar Warrick  Investing.com-- Most Asian currencies took some relief from a weakening dollar and rose slightly on Tuesday, while the Australian dollar tumbled after the central bank raised rates by less than...

U.S. dollar share of global FX reserves rises in Q2; euro share slips -IMF data By Reuters

© Reuters. U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The U.S. dollar's share of currency reserves reported to...

Fed’s Favorite Inflation Gauge Rises to 4.9%, Reinforcing the US Dollar Advance

US PCE KEY POINTS:August U.S. consumer spending rises 0.4% on a monthly basis versus 0.2% expectedCore PCE, the Fed’s favorite inflation gauge, increases 0.6% month-on-month, compared to a forecast of 0.5%. Meanwhile, the...

Pound Rises as BoE’s Pill Says Fiscal News Needs “Significant” Policy Response By Investing.com

© Reuters By Geoffrey Smith  Investing.com -- The U.K. government's new package of unfunded tax cuts will most likely require higher interest rates, a top Bank of England official said on Wednesday. The outlook for...

Bitcoin Rises Slightly Along With Stocks

●Bitcoin (BTC): $21,705 +0.8% ●Ether (ETH): $1,681 +1.6% ●S&P 500 daily close: 4,140.77 +0.3% ●Gold: $1,765 per troy ounce +1.1% ●Ten-year Treasury yield daily close: 3.11% +0.05 Bitcoin, ether and gold prices are taken at approximately 4pm New...

Forexlive Americas FX news wrap: USD rises after strong jobs report but gains are tempered

In a market environment where bad news is good news, 528K new jobs (vs 250K estimate), unemployment rate of 3.5% vs. 3.6% estimate, average hourly earnings 0.5% vs. 0.3% estimate (and a revision...
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