Dollar

2024 - 3 - 14

Unveiling the Intriguing Journey of the US Dollar - From Data to Rallies

Currency - Dollar - Economic Data - Federal Reserve - Inflation - Interest Rates - Retail

Discover the captivating story of the US dollar's fluctuations and market reactions in response to economic data.

The US dollar has been a focal point of attention recently, with market dynamics reacting to various economic indicators. From hotter-than-expected producer prices to upbeat inflation figures, the greenback has been on a rollercoaster ride. The American Unity Project aims to restore faith in the shared system, countering divisive myths that impact financial markets. Latin American currencies felt the pressure as US data revealed stronger than anticipated inflation rates, influencing the dollar's performance.

As the dollar gains strength on the back of robust economic data, traders are reassessing the likelihood of rate cuts. The positive momentum in the labor market and inflation figures is shaping market sentiment, pushing back expectations for Federal Reserve interventions. Short-dated yields are signaling a potentially higher dollar value, with implications for global exchange rates.

Notably, the USD two-year swap rate stands at 4.5%, indicating a correlation with the DXY index at 104. As market dynamics fluctuate, the dollar's rally after recent data releases underscores its resilience in response to economic shifts. The market's reactions to data slates resemble a familiar pattern of initial optimism followed by retracements.

In conclusion, the US dollar's journey through data-driven rallies reflects the intricate relationship between economic indicators and currency performance. Understanding these dynamics is crucial for navigating the evolving landscape of global finance. The dollar's reaction to economic data serves as a barometer for market sentiments and expectations, shaping investment strategies and financial decision-making.

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Image courtesy of "The New Yorker"

Where One Tax Dollar Actually Goes (The New Yorker)

Let us help you to believe again. The American Unity Project works to rebuild faith in our shared system and purpose. We combat the divisive myths spread by ...

EMERGING MARKETS-Latam FX under pressure after U.S. data ... (Yahoo Finance)

Most Latin American currencies came under pressure on Thursday as hotter-than-expected U.S. inflation data kept the dollar supported.

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Image courtesy of "Reuters"

US dollar gains as strong economic data could reduce rate cuts this ... (Reuters)

The U.S. dollar advanced on Thursday, boosted by data showing hotter-than-expected producer prices last month and fewer people seeking unemployment claims, ...

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Image courtesy of "FXStreet"

Forex Today: The Dollar regains the smile on firm data (FXStreet)

The Greenback managed to pick up fresh upside traction on the back of another set of firm inflation figures, while the US labour market showed further ...

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Image courtesy of "ING Think"

FX Daily: Short-dated yields point at a higher dollar (ING Think)

The USD two-year swap rate is at 4.5%, a level consistent with DXY at 104 as opposed to the current 102.5/103.0.

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Image courtesy of "The Business Times"

US dollar rallies with traders pushing back beyond June for Fed cut (The Business Times)

THE greenback rallied on Thursday (Mar 14) after both US retail sales for February and producer price data were released.

Short-dated yields point at a higher dollar | Hellenic Shipping News ... (Hellenic Shipping News Worldwide)

The USD two-year swap rate is trading around 4.5%, a level which is consistent with DXY at around 104 when looking at the last year. While JPY and CHF have come ...

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Image courtesy of "ForexLive"

US dollar firms after data slate (ForexLive)

The market reaction to today's data slate is reminiscent to CPI. It's a three-parter with an initial hawkish reaction, followed by a complete retracement, ...

US recap: EUR/USD retreats as dollar rallies on hawkish US data (XM)

March 14 (Reuters) -The dollar index rose 0.55%, with EUR/USD off 0.54% and USD/JPY up 0.39 after U.S. PPI and claims data sent Treasury yields higher and ...

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Image courtesy of "Nasdaq"

Dollar Higher on Hawkish US PPI and Sharp T-note Yield Rise (Nasdaq)

The dollar index (DXY00 ) rose by +0.57% on Thursday's hawkish US PPI report, which caused market participants to slightly dial back expectations for a Fed ...

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Image courtesy of "ThePrint"

US dollar gains as strong economic data could reduce rate cuts this ... (ThePrint)

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar advanced on Thursday, boosted by data showing hotter-than-expected producer prices last ...

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Image courtesy of "INQUIRER.net"

Dollar ticks up before US data, bitcoin hits record high (INQUIRER.net)

The dollar inched higher on Thursday as investors waited for U.S. economic data, while bitcoin rose to a record high above $73800.

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Image courtesy of "FOREX.com"

EUR/USD analysis: Hot US inflation and rising oil prices support dollar (FOREX.com)

EUR/USD analysis: Stronger-than-expected US PPI sends dollar and yields higher, while rallying crude oil prices further fuel inflation concerns.

FOREX-Dollar advances as US inflation data weighs on rates outlook (Yahoo Finance)

The dollar was firm on Friday and set to snap a three-week losing streak as hotter-than-expected U.S. inflation data stoked worries about when and by how ...

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Image courtesy of "Kitco NEWS"

Dollar strength returns after PPI jumps taking gold lower (Kitco NEWS)

Prices that producers charge (PPI) for their goods in the U.S. spiked higher by 0.6% last month, double the rise in January of + 0.3%.

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Image courtesy of "Reuters UK"

Dollar advances as US inflation data weighs on rates outlook (Reuters UK)

The dollar was firm on Friday and set to snap a three-week losing streak as hotter-than-expected U.S. inflation data stoked worries about when and by how ...

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Image courtesy of "Focus Taiwan News Channel"

U.S. dollar higher in Taipei trading - Focus Taiwan (Focus Taiwan News Channel)

Taipei, March 15 (CNA) The U.S. dollar was traded at NT$31.615 at 10 a.m. Friday on the Taipei Foreign Exchange, up NT$0.118 from the previous close.

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Image courtesy of "DailyFX"

US Dollar Soars on Inflation Risks as Fed Looms; EUR/USD, GBP ... (DailyFX)

This article provides an in-depth analysis of the outlook for EUR/USD, USD/JPY and GBP/USD, exploring various technical and fundamental scenarios that could ...

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Image courtesy of "CNBC"

Dollar advances as U.S. inflation data weighs on rates outlook (CNBC)

The dollar strengthened, ending a three-week decline, fueled by inflation concerns regarding the Fed's potential interest rate cuts.

FOREX-US dollar rises as strong data pares back rate cut forecasts ... (Yahoo Finance)

The U.S. dollar advanced on Thursday, boosted by data showing hotter-than-expected producer prices last month and fewer people seeking unemployment claims, ...

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Image courtesy of "Yahoo Finance Australia"

Dollar set for weekly gain, yen softens ahead of Fed, BOJ meetings ... (Yahoo Finance Australia)

The dollar was on track for a weekly gain versus major currencies while the yen drifted lower on Friday, ahead of a flurry of highly-anticipated central ...

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Fed Preview: The main upside risk for the US Dollar is a revision ... (FXStreet)

Economists at ING analyze US Dollar's outlook ahead of next week's Fed meeting. Dollar's yield position is strong, even without a hawkish Fed. We recently ...

FOREX-Dollar set for weekly gain, yen softens ahead of run of ... (Yahoo Finance)

The dollar was on track for a weekly gain versus major currencies while the yen drifted lower on Friday, ahead of a flurry of highly-anticipated central ...

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Image courtesy of "FOREX.com"

US Dollar Forecast: USD/JPY Attempts to Climb Back Above 50-Day ... (FOREX.com)

USD/JPY attempts to trade back above the 50-Day SMA (148.34) despite the kneejerk reaction to the weaker-than-expected US Retail Sales Report.

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Image courtesy of "FXStreet"

US Dollar closes a winning week ahead of FOMC meeting (FXStreet)

The US Dollar Index (DXY) is registering slight gains at the level of 103.40 on Friday, rebounding from December lows amid rising US Treasury yields.

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Image courtesy of "FX Empire"

US Dollar (DXY) Index News: Set for Weekly Gain Amid Global ... (FX Empire)

DXY eyes a rebound with a 0.6% gain, challenging recent downtrends in the face of global central bank meetings.

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Image courtesy of "Action Forex"

Yen Retreats Further as Dollar Sees Caution Among Traders ... (Action Forex)

Yen's pull back continues today despite more positive news on wages negotiations in Japan. Remarkably, the currency has undone its gains from last week ...

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Image courtesy of "FXStreet"

US Dollar in calm water drifting towards the weekend (FXStreet)

The US Dollar (USD) trades in the green on Friday after markets got shaken on Thursday after a badge of US economic data suggested inflation pressures are ...

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Image courtesy of "CNN"

Family Dollar stores are closing. These city officials are happy about it (CNN)

When Vanessa Hall-Harper, a city councilor in Tulsa, Oklahoma, learned that Family Dollar was closing nearly 1000 stores Wednesday, she had a surprising ...

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Image courtesy of "Forbes"

Dollar Tree Plans 1000 Store Closures (Forbes)

In addition, another 370 units will close in coming years as leases expire. At the same time, a review of the Dollar Tree stores identified 400 locations to ...

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Image courtesy of "The Economic Times"

Dollar advances as US inflation data weighs on rates outlook - The ... (The Economic Times)

Data on Thursday showed the U.S. producer price index for final demand rose 0.6% in February above the 0.3% rise economists had forecast.

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Image courtesy of "DailyFX"

US Dollar Closes in on Resistance, GBP/USD Testing Support ... (DailyFX)

The latest PPI report gave the US dollar a push higher on Thursday ahead of next week's FOMC meeting.

FOREX-US dollar poised for biggest weekly gain since mid-January ... (Yahoo Finance)

U.S. manufacturing output rebounds in February. *. U.S. consumer sentiment little changed, inflation outlook steady. *. Dollar on track for largest weekly ...

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