Here is what you need to know on Wednesday, April 24: After weakening against its major rivals in the American session on Tuesday, the US Dollar (USD) seems to have stabilized in the European morning on Wednesday.
Here is what you need to know on Wednesday, April 24: After weakening against its major rivals in the American session on Tuesday, the US Dollar seems to have stabilized in the European morning on Wednesday. IFO sentiment data from Germany will be watched closely by market participants midweek. Later in the day, the US economic docket will feature Durable Goods Orders for March. The USD Index turned south in the second half of the day on Tuesday and closed the day 0.
During the Asian trading hours, the data from Australia showed that inflation, as measured by the change in the Consumer Price Index , softened to 3.6% on a yearly basis in the first quarter from 4.1%. This reading, however, came in above the market expectation of 3.4%. On a quarterly basis, the CPI rose 1% in Q1. AUD/USD gathered bullish momentum following the inflation data and was last seen rising nearly 0.5% on the day above 0.6500.
Currencies Macroeconomics Commodities Economicindicator
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Forex Today: US Dollar pulls away from multi-month highs ahead of mid-tier dataHere is what you need to know on Thursday, April 18: The US Dollar (USD) stays under modest selling pressure in the early European session on Thursday.
Baca lebih lajut »
Forex Today: US Dollar stretches higher ahead of Fedspeak, housing dataHere is what you need to know on Tuesday, April 16: The US Dollar (USD) continues to gather strength early Tuesday after outperforming its major rivals on Monday.
Baca lebih lajut »
Forex Today: US Dollar firmer ahead of Fed’s favorite inflation gaugeWhat you need to take care of on Friday, March 28: The US Dollar surged on Thursday, helped by hawkish comments from Federal Reserve (Fed) official Waller, who suggested the central bank may keep rates at current restrictive levels for longer.
Baca lebih lajut »
Forex Today: Risk-on mood put the Dollar under pressureThe resurgence of sentiment towards the risk-associated universe kept the price action around the US Dollar subdued at the beginning of a week that will be dominated by expectations around the release of US PCE.
Baca lebih lajut »
Forex Today: Improved risk appetite hurt the DollarIncreasing appetite for the risk-linked space weighed further on the US Dollar, while disheartening US PMIs also kept the currency depressed.
Baca lebih lajut »
Forex Today: The Fed’s tighter-for-longer stance supports the DollarFurther hawkish comments from Fed speakers lent extra legs to the Greenback and sparked a decent bounce in US yields, while the ECB's officials continued to advocate the start of the bank’s easing programme in the summer.
Baca lebih lajut »