The post US Dollar consolidates losses ahead of US data dump appeared on BitcoinEthereumNews.com.

Here is what you need to know on Thursday, August 15: The US Dollar (USD) consolidates its weekly losses against its major rivals early Thursday. In the second half of the day, the US economic docket will feature weekly Initial Jobless Claims data, Retail Sales and Industrial Production figures for July. Manufacturing surveys from regional Federal Reserve (Fed) banks and comments from Fed policymakers will also be watched closely by market participants. The USD failed to attract buyers on Wednesday after the data published by the US Bureau of Labor Statistics showed that the Consumer Price Index (CPI) and the core CPI both rose 0.2% on a monthly basis in July, as expected. The USD Index closed the fourth consecutive trading day in the red on Wednesday and the benchmark 10-year US Treasury bond yield declined toward 3.8%. Early Thursday, the USD Index holds steady at around 102.50 and the 10-year yield moves sideways slightly above 3.8%. Meanwhile, US stock index futures trade marginally higher after Wall Street’s main indexes registered modest gains. US Dollar PRICE This week The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the weakest against the Euro.   USD EUR GBP JPY CAD AUD NZD CHF USD   -0.88% -0.73% 0.43% -0.23% -0.69% -0.06% 0.06% EUR 0.88%   0.18% 1.30% 0.66% 0.08% 0.83% 0.97% GBP 0.73% -0.18%   1.36% 0.48% -0.11% 0.64% 0.79% JPY -0.43% -1.30% -1.36%   -0.63% -1.18% -0.48% -0.38% CAD 0.23% -0.66% -0.48% 0.63%   -0.52% 0.17% 0.32% AUD 0.69% -0.08% 0.11% 1.18% 0.52%   0.75% 0.89% NZD 0.06% -0.83% -0.64% 0.48% -0.17% -0.75%   0.14% CHF -0.06% -0.97% -0.79% 0.38% -0.32% -0.89% -0.14%   The heat map shows percentage changes of major currencies against each other. The base currency is…

---

Filed under: News - @ August 15, 2024 7:47 am