US Dollar (USD)

The monthly building permits and housing starts data will be coming out today amid a quiet US trading session. The data which covers the month of May is forecast to show no major changes from the previous month. Economists polled expect…
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The greenback firmed further on Friday closing in the green. The dollar was supported by retail sales data which beat estimates. Retail sales grew 0.5% in May, up from a revised 0.3% in the month before. Core retail sales advanced 0.5%…
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Following speculation that the Fed will likely cut rates, investors are looking to the FOMC meeting this week. No changes are expected to the Fed funds rates at this week’s meeting. But, all eyes are on the release of the economic and…
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The US retail sales report due today will mark the end of a busy week ahead of the Fed meeting next week. Economists forecast that retail sales will bounce back following the decline in April. Headline retail sales are forecast to rise…
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The monthly producer prices index data will be released today. Estimates are pointing to a slower pace of price gains which measures inflation at the factory gate. The headline producer prices index is forecast to rise 2.0% on the year,…
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The Institute of Supply Management will be releasing the non-manufacturing PMI report later today. According to the median estimates, the non-manufacturing activity index could rise by just 0.1 points. In April, non-manufacturing…
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US factory orders are forecast to fall by more than half after rising strongly in March. Data from the US Commerce Department is expected to show a 1.0% decline on a month over month basis in April. Capturing the overall health of…
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The US Department of Commerce will be releasing the second revised GDP estimates today. The GDP estimates cover the first three months of the year. The initial GDP estimates, as per the advance GDP report, saw the US economy rising 3.2% in…
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The Federal Reserve released the monetary policy meeting minutes late yesterday. The minutes revealed that policymakers were committed to keeping interest rates steady over the next few months. Members raised their expectations on…
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On Wednesday, the US Federal Reserve will be releasing the minutes of their early May monetary policy meeting. The release will be one of the key highlights on the economic docket this week. Amid rising tensions and the uncertainty…
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