Market attention shifts to mid-tier US data, Canada inflation figures
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Here is what you need to know on Tuesday, June 25: Following a bearish start to the week, the US Dollar (USD) holds its ground early Tuesday as investors await housing, regional manufacturing and consumer confidence data. In the early American session, May Consumer Price Index (CPI) data from Canada will also be watched closely by market participants. The positive shift seen in risk mood made it difficult for the USD to find demand in the first half of the day on Monday. The mixed action in Wall Street, however, helped the currency limit its losses later in the day. Nevertheless, the USD Index lost more than 0.3% on a daily basis, while the Dow Jones Industrial Average gained 0.67% and the Nasdaq Composite fell 1.3%. Early Tuesday, the USD Index stays in a consolidation phase slightly below 105.50 and US stock index futures trade marginally higher on the day. 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 Australian Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.37% -0.35% -0.18% -0.29% -0.45% -0.17% -0.15% EUR 0.37% 0.03% 0.24% 0.12% -0.05% 0.24% 0.31% GBP 0.35% -0.03% 0.14% 0.08% -0.09% 0.21% 0.27% JPY 0.18% -0.24% -0.14% -0.10% -0.22% 0.06% 0.06% CAD 0.29% -0.12% -0.08% 0.10% -0.14% 0.12% 0.19% AUD 0.45% 0.05% 0.09% 0.22% 0.14% 0.30% 0.36% NZD 0.17% -0.24% -0.21% -0.06% -0.12% -0.30% 0.06% CHF 0.15% -0.31% -0.27% -0.06% -0.19% -0.36% -0.06% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US…
Filed under: News - @ June 25, 2024 7:18 am