Dollar

The market took a long look at the August nonfarm payrolls data and decided it wasn't weak enough to price in a 50 basis point rate cut by the Federal Reserve this month. Initially, the softer headline number and downward revision sent the…

As markets debate the Fed's next policy steps, updates on the U.S. labor market — which Fed members said they are watching closely — are sure to make market participants nervous. On Thursday, a report was issued by Challenger, Gray and…

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The US dollar has stabilized after a sharp decline in August, but Bank of America Securities sees more trouble ahead for the greenback. At 07:20 ET (11:20 GMT), the dollar index, which tracks the greenback against a basket of six other…

The US dollar fell on Thursday, struggling to find its footing after weak economic data raised expectations of a major interest rate cut by the Federal Reserve later this month. At 04:35 ET (08:35 GMT), the dollar index, which tracks the…

Investing.com - UBS has cut its long-term targets for the U.S. dollar, looking to outpace the currency's rally as early as September. At 08:45 ET (12:45 GMT), the dollar index, which tracks the greenback against a basket of six other…

Investing.com - All eyes in the foreign exchange markets are on Friday's U.S. jobs report, with Citigroup saying the report is likely to impact the G10 FX market, and the U.S. dollar in particular. Since last month’s labor market report in…

Australia's economy grew by 0.2% in the second quarter of 2024, in line with an upwardly revised 0.2% growth in the previous quarter but below market estimates of a 0.3% rise. Link to the Australian Bureau of Statistics' Q2 2024 GDP…

The US dollar hit a two-week high against the euro, as investors prepared for a week of important data, including the US jobs report due on Friday. At 18:40 ET (22:40 GMT), the pound was little changed at 1.1046, down 0.1% at 145.31. This…

The US dollar steadied on Tuesday as investors looked ahead to key economic data, including US payrolls data on Friday, which could bolster an interest rate cut by the Federal Reserve later this month. At 04:05 ET (09:05 GMT), the dollar…