The dollar index was last down 0.61% on the day at 107.25, the lowest since January 27. The euro rose 0.58% to $1.0442 and earlier reached $1.0446, the highest since January 30.
The reaction in markets reflects the significance of the release. S&P500 futures dropped over 1% in less than 15 minutes ...
The U.S. dollar jumped to a one-week high against the Japanese yen on Wednesday after data showed that consumer prices rose ...
The dollar's strength was also evident in its performance against the Japanese yen, with a 1.19% increase to 154.3 yen. The implications of the inflation data have also been felt in the interest ...
The US Dollar pops after stronger-than-expected January inflation numbers ... for the first time since December on the back of the increasing downward bias in the Greenback, particularly ...
It's widely believed that levying additional tariffs will lead to inflation ... and the U.S. dollar not only remains unchanged but increases relative to foreign currencies. This increase in ...
This increase in relative ... forced to intervene. If inflation rose too fast, they would have no choice but to raise interest rates. This will directly cause the U.S. dollar to rise.
Inflation picked up for a fourth straight ... due to sharply rising vehicle prices during the pandemic, increased 2% after showing signs of moderating. Airline fares increased 1.2%; hotel rates ...
Mildly sticky inflation shouldn't give investors cause for concern, according to BNY Wealth. Here are 3 trades for rising ...