LivemintDollar Set for Best Week in Six as ECB Stimulus Differs From FedBloomberg(Bloomberg) -- The dollar was set for its best weekly performance in six before U.S. jobs data that may back speculation the Federal Reserve will raise interest rates this year, while the European Central Banks starts buying bonds.

BING NEWS:
  • Dollar steady, yen fragile after Fed comments dash rate cut bets
    Powell's comments further squashed any lingering expectations of the Fed cutting rates in the near ... yen marching higher since U.S. CPI last week, rhetoric from officials has been more focused ...
    04/16/2024 - 2:47 pm | View Link
  • Dollar Heads for Best Run in a Year as Fed Seen Delaying Cuts
    The dollar is headed for its biggest rally in over a year on expectations US interest rates will stay high for longer and as investors pile into the haven currency amid escalating tensions in the ...
    04/16/2024 - 7:40 am | View Link
  • Canadian dollar could 'crater' if Bank of Canada cuts faster and deeper than the Fed, say economists
    Any plans the Fed officials might have been harbouring for rate cuts got a jolt last week when fresh data showed the U.S. consumer price index rose by 3.5 per cent in March, topping analyst estimates.
    04/14/2024 - 1:00 pm | View Link
  • Dollar has strongest week since 2022 as investors reverse bets on rate cuts
    Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The dollar staged its strongest weekly performance since 2022 after higher than expected US inflation ...
    04/11/2024 - 1:00 pm | View Link
  • ECB-Fed Split Ignites Talk of Euro Sliding to Dollar Parity
    Lenders including Bank of America Corp. and Germany’s LBBW are wargaming a variety of tail risks and warn of euro weakness ahead if wagers on the differing pace of rate cuts at the ECB and the ...
    04/9/2024 - 3:23 am | View Link
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