Here is what you need to know on Friday, December 13: The US Dollar (USD) Index continues to push higher early Friday and trades at its strongest level in over two weeks above 107.00 after closing in positive territory every day this week.
Here is what you need to know on Friday, December 13: The US Dollar Index continues to push higher early Friday and trades at its strongest level in over two weeks above 107.00 after closing in positive territory every day this week. Eurostat will publish Industrial Production data for October and the US economic calendar will feature Export Price Index and Import Price Index data for November ahead of the weekend.
USD/JPY showed no reaction to this report and was last seen consolidating its weekly gains slightly below 153.00. After posting strong gains in the first half of the week, Gold staged a deep correction on Thursday and lost more than 1% on the day. XAU/USD holds its ground early Friday but stays below $2,700. Central banks FAQs What does a central bank do? Central Banks have a key mandate which is making sure that there is price stability in a country or region.
Currencies Macroeconomics Economicindicator Commodities
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Forex Today: US Dollar consolidates weekly gains ahead of Retail Sales, FedspeakHere is what you need to know on Friday, November 15: Asian stocks remained a mixed bag, dragged by the mixed Chinese activity data and a pessimistic Wall Street close overnight.
Read more »
Forex Today: US Dollar climbs higher as focus shifts to PMI dataHere is what you need to know on Friday, November 22: Following a quiet European session, the US Dollar (USD) regathered its strength in the second half of the day on Thursday and continued to push higher early Friday, reaching its highest level since October 2023 above 107.00.
Read more »
Forex Today: US Dollar weakens as holiday-shortened week startsHere is what you need to know on Monday, November 25: The US Dollar (USD) Index opened with a bearish gap after closing the previous week in positive territory.
Read more »
Forex Today: US Dollar frenzy continues ahead of PPI data and PowellHere is what you need to know on Thursday, November 14: Following a subdued performance on Wall Street on Wednesday, Asian markets turned south amid persistent worries over China’s economy, despite the recent stimulus measures rolled out to spur growth.
Read more »
Forex Today: US Dollar rebounds as December gets underway with high-tier data releasesHere is what you need to know on Monday, December 2: The US Dollar (USD) gathers strength against its major rivals to begin the month of December.
Read more »
Forex Today: US Dollar slides alongside yields, eyes on Eurozone inflationHere is what you need to know on Friday, November 29: The US Dollar (USD) stays under selling pressure on Friday, with the USD Index dropping to its weakest level in over two weeks below 106.00.
Read more »