US Dollar Struggles As Producer Prices Surge, Federal Reserve Downplays Inflation
The US dollar is slumping in the middle of the trading week as the Federal Reserve attempted to quash inflation fears that had seeped into…
Posts Tagged: Producer Prices
USD/KRW Rises Amid Double-Digit Growth for South Korean Exports
The South Korean won extended its weakness against the US dollar on Tuesday as the currency continues its bearish performance in 2021. The won has…
US Dollar Holds Steady Amid Sliding Retail Sales, Soaring Producer Prices
The US dollar is looking to generate some safe-haven momentum on Tuesday after disappointing economic data weighs on investor sentiment. The greenback has been holding…
USD/JPY Falls Despite Double-Dip Recession Fears After GDP Contraction
The Japanese yen is holding steady against some of its major currency rivals, including the US dollar, on Tuesday, despite double-dip recession fears in the…
Canadian Dollar Extends Gains on Higher Energy Prices — Will the BoC Intervene?
The Canadian dollar strengthened again against its US peer to close out the trading week. The loonie has been on a tear as of late,…
Canadian Dollar Continues Performance As Market’s Top-Performing Currency
The Canadian dollar is posting modest gains against the greenback on Tuesday as global financial markets adopt a wait-and-see approach ahead of this week’s central…
USD/CHF Slides As SNB Plans More FX Interventions in 2021
The Swiss franc has been trending downward against the US dollar over the last week, especially on news that Pfizer and Moderna have come up…
Today’s Germany Producer Price Index Pushes Up the EURUSD
While running on the disappointing track, the EURUSD hit by the good news of the Producer price index and hence its second day when EURUSD with…