Dollar up vs euro but remains on track for weekly loss after inflation data
8 Articles
8 Articles
Dollar up vs euro but remains on track for weekly loss after inflation data
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar rose against the euro on Friday but was on track for its fifth straight weekly loss against the common currency, after slower U.S. consumer spending
Dollar pares gains vs euro after US inflation data
NEW YORK : The dollar pared gains against the euro on Friday after U.S. data showed personal consumption expenditure growth slowed in February, supporting hopes of a softer monetary policy approach from the Federal Reserve. The euro was 0.17 per cent lower at $1.08855 after the data. The common curren
Euro Rises as Eurozone Countries Report Inflation Data
LONDON/SINGAPORE—The euro was set for its best week since mid January on Friday ahead of inflation data that will shape the ECB’s interest rate plans, while investor expectations U.S. rates are near peaking meant the dollar headed for a second consecutive quarterly loss. The European common currency was at $1.0883, down 0.2 percent on the day, but heading for a 1.1 percent weekly gain, its most in 11 weeks, as well as monthly and quarterly incre…
Dollar up vs euro but remains on track for weekly loss after inflation data
The dollar rose against the euro on Friday but was on track for its fifth straight weekly loss against the common currency, after slower U.S. consumer spending growth boosted hopes the Federal Reserve would be less aggressive in hiking interest rates.
Coverage Details
Bias Distribution
- 57% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage