The U.S. dollar jumped to a one-week high against the Japanese yen on Wednesday after data showed that consumer prices rose ...
Although core inflation is currently declining only slowly, there are increasing signs this will speed up ... inflation (see story below) prompted a dollar sell-off, Andrew Michael writes.
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 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.
President Trump is seeking to distance himself from a rise in inflation, arguing the uptick had “nothing to do” with his ...
0848 ET – Treasury yields and the dollar rally as U.S. January inflation comes a little hotter than forecast following hawkish remarks by Fed Chair Powell yesterday. The 12-month CPI reading ...
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 ...
Strong U.S. jobs data lifts the dollar as rate cut expectations fade. Will upcoming inflation data reinforce the Fed’s cautious stance? Read more.
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 by 1.2%, hotel ...