US Dollar backs off as sentiment tilts higher with US data over the horizon
The post US Dollar backs off as sentiment tilts higher with US data over the horizon appeared on BitcoinEthereumNews.com.
Here is what you need to know on Monday, June 24: The US Dollar (USD) extended Monday declines through the US market session, easing back as investor confidence continues to pin higher at the outset of a fresh trading week. Key US data looms ahead later in the week with a revision to first-quarter US Gross Domestic Product (GDP) growth on Thursday, with updated Personal Consumption Expenditure (PCE) Price Index inflation slated for Friday. Tuesday will drop the latest Canadian Consumer Price Index (CPI) inflation figures on CAD traders, forecast to cool slightly for the year through May, while Australia’s CPI for the year ended in May is expected to tick upwards slightly. Australia’s Monthly CPI inflation is slated to print early Wednesday. This week, an otherwise moderate release schedule leaves investors to drift as key data loads into the barrel for Friday. Japan’s Tokyo CPI inflation preview will kick off Friday’s upcoming data splurge, followed by German Retail Sales, UK GDP, and US PCE inflation, rounding out the capstone on the week’s economic calendar. US Dollar PRICE Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -0.41% -0.35% -0.10% -0.27% -0.26% -0.15% -0.10% EUR 0.41% 0.08% 0.38% 0.19% 0.16% 0.31% 0.38% GBP 0.35% -0.08% 0.24% 0.11% 0.08% 0.23% 0.30% JPY 0.10% -0.38% -0.24% -0.17% -0.13% 0.00% -0.01% CAD 0.27% -0.19% -0.11% 0.17% 0.01% 0.12% 0.19% AUD 0.26% -0.16% -0.08% 0.13% -0.01% 0.14% 0.21% NZD 0.15% -0.31% -0.23% -0.00% -0.12% -0.14% 0.07% CHF 0.10% -0.38% -0.30% 0.00% -0.19% -0.21% -0.07% The heat map shows percentage changes of major currencies against each other. The base currency…
Filed under: News - @ June 25, 2024 1:12 am