Published 1 year ago

Dollar up vs euro but remains on track for weekly loss after inflation data

Summary by Ground News

Dollar pared gains against the euro on Friday after U.S. data showed personal consumption expenditure growth slowed in February. The euro was 0.17 per cent lower at $1.08855 after the data. Earlier in the session data showed euro zone inflation dropped by the most on record in March.

0 Articles

All

Left

Center

Right

Reuters

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.

1 year ago·United Kingdom

Read Full Article

The Star Kuala Lumpur

U.S. dollar rises amid inflation data

NEW YORK, March 31 (Xinhua) -- The U.S. dollar strengthened in late trading on Friday as market participants digested a key U.S. inflation report. Read full story

1 year ago·Malaysia

Read Full Article

Channel News Asia

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

1 year ago·Singapore

Read Full Article

Financial Post

Dollar to log quarterly drop as rate hike bets recede

SINGAPORE -- The dollar tracked toward a second consecutive quarterly loss on Friday, as investors see U.S. interest rates close to peaking and expect the dollar's yield advantage is in decline.

1 year ago·Canada

Read Full Article

The Epoch Times

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…

1 year ago·New York, United States

Read Full Article

The Print

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

1 year ago·New Delhi, India

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.