The U.S. dollar steadied in early Wednesday trading after experiencing its sharpest single-day drop in over three weeks, as cooler-than-expected ….
Tag: USD
US Dollar Slides Toward Three-Month Lows Amid Renewed Trade Uncertainty
The US dollar resumed its downward trajectory in European trading on Thursday, shedding early-week gains as persistent uncertainties over US-China ….
Federal Reserve Signals Gradual Path for Future Interest Rate Cuts
Federal Reserve Governor Lisa Cook stated on Monday that the central bank is poised to adopt a more cautious approach ….
Fed’s Barkin: Inflation at 2% or Weaker Demand Essential for Rate Cuts
Maryland, January 2025—Federal Reserve Bank of Richmond President Tom Barkin addressed the Maryland Bankers Association on Friday, shedding light on ….
US Manufacturing PMI Rises Slightly in December but Remains in Contraction for Ninth Consecutive Month
The US manufacturing sector continued its contractionary trend in December, as indicated by the Institute for Supply Management’s (ISM) Manufacturing ….
Dollar falters as expectations grow for a larger Fed rate cut
The U.S. dollar weakened on Thursday as traders increased expectations for a significant interest rate cut by the Federal Reserve ….
