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Japan Confirms Intervention, China's PMI Disappoints, EMU CPI Firms, Ahead Of US PCE Deflator
Article By:
Marc Chandler
Friday, May 31, 2024 6:46 AM EDT
The dollar is mostly consolidating yesterday's losses ahead of month-end and the US income and consumption data. The PCE core deflator may have risen by 0.2%, the least this, year, but the year-over-year rate is expected to be steady at 2.8%.
Canadian Dollar Rebounds As Market Sentiment Recovers, Greenback Softens
Article By:
Joshua Gibson
Thursday, May 30, 2024 2:15 PM EDT
Canadian Dollar pivots into high side on Thursday amid fresh risk appetite.
Dollar Pulled Back In Europe. New Buying Opportunity?
Article By:
Marc Chandler
Thursday, May 30, 2024 7:42 AM EDT
The dollar initially extended yesterday's North American recovery but unwound most of the gains in the European morning. As North American dealers return, the greenback is lower against most of the G10 currencies.