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The Federal Reserve (Fed) faces a renewed inflation challenge after two consecutive reports showed price pressure intensifying across the US economy. September’s Consumer Price Index (CPI) confirmed…
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USD The dollar’s post-CPI rally unwound further on Thursday, with the slipping lower to trade either side of 102.0, even as September PPI blew past expectations. Headline…
West Texas Intermediate (WTI), futures on NYMEX, holds onto weekly gains near $96.00 during the European trading session on Friday. The oil price has gained significantly this…
The Canadian dollar strengthened against its U.S. counterpart on Thursday as the greenback retreated from an 18-month high, although a sharper-than-expected surge in U.S. producer prices raised…
The USD/JPY pair gathers strength to around 158.10 during the early Asian trading hours on Friday. The US Dollar (USD) edges higher against the Japanese Yen (JPY)…