US Dollar Rises as Inflation Jumps; Trump-Xi Talks Begin
Hotter-than-expected U.S. producer prices pushed the dollar higher as markets cut the odds of Federal Reserve rate cuts this year.
7 Articles
7 Articles
Trump-Xi Summit Looms as Sino-US Tensions Simmer Beneath Fragile Stability
As US President Donald Trump prepares for a high-stakes summit with Chinese leader Xi Jinping, analysts say the meeting is less about achieving a breakthrough and more about preventing Sino-US relations from deteriorating further
Economist Richard Medina on Wednesday praised the summit between US President Donald Trump and Chinese President Xi Jinping, believing the meeting would help ease trade tensions between the two powers. During an interview on the radio program "El Sol de la Mañana," Medina explained that he does not expect profound changes in the trade relationship between Washington and Beijing, although he does anticipate specific announcements related to great…
Forex Today: US Dollar holds ground, focus shifts to Trump-Xi summit
The post Forex Today: US Dollar holds ground, focus shifts to Trump-Xi summit appeared on BitcoinEthereumNews.com. Here is what you need to know on Wednesday, May 13: The US Dollar (USD) continues to edge higher early Wednesday after having outperformed its rivals on Tuesday. In the European session, investors will pay close attention to the revision of the first-quarter Gross Domestic Product (GDP) for the Eurozone. Later in the day, the US eco…
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