Forex
globalreutersNovember 27, 20241 Mins read
US Dollar retreats after GDP, PCE data meets forecast
globalreutersNovember 27, 20241 Mins read In Wednesday’s session, the US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, ticked 1% lower as markets assess the release of high-tier economic data including a Personal Consumption Expenditures (PCE) reading, the Federal Reserve’s (Fed) preferred gauge of inflation.
Recent Posts
Categories
Related Articles
RBNZ Asst Gov Silk: Manufacturing, retail, construction will start to see recovery in 2025
Comments from RBNZ Asst Governor SilkResidential investment, manufacturing, retail trade, construction in...
Atlanta Fed GDPNow growth estimate for Q4 rises to 2.7% from 2.6% on November 19
The Atlanta Fed GDPNow growth estimate for Q4 rose to 2.7%. In...
Crude oil futures settles at $68.72
Crude oil futures is settling at $68.72. That's down five cents or...
EURUSD backs off to the 38.2% retracement. Can the buyers stall the fall?
The EUR/USD began the U.S. session with a break above the 200-hour...
Leave a comment