US Dollar consolidates weekly gains as focus shifts to key inflation data
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Here is what you need to know on Friday, June 28: The US Dollar Index holds steady at around 106.00 early Friday, fluctuating near the multi-week high it set this week. The Bureau of Economic Analysis (BEA) will release the Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s (Fed) preferred gauge of inflation, for May, alongside Personal Spending and Personal Income data, later in the session. 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 strongest against the New Zealand Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.09% -0.03% 0.72% 0.15% 0.12% 0.87% 0.58% EUR 0.09% 0.08% 0.90% 0.29% 0.23% 1.00% 0.74% GBP 0.03% -0.08% 0.75% 0.21% 0.15% 0.92% 0.66% JPY -0.72% -0.90% -0.75% -0.57% -0.57% 0.18% -0.15% CAD -0.15% -0.29% -0.21% 0.57% -0.03% 0.71% 0.46% AUD -0.12% -0.23% -0.15% 0.57% 0.03% 0.77% 0.51% NZD -0.87% -1.00% -0.92% -0.18% -0.71% -0.77% -0.26% CHF -0.58% -0.74% -0.66% 0.15% -0.46% -0.51% 0.26% 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 Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote). Over the weekend, the first round of the French election will take place. According to the latest IFOP Poll, Marine Le Pen’s National Rally party is seen in the lead in the first round with 36% of votes, while President Emmanuel Macron centrist camp is seen in the third place with 21% of votes, behind the left…
Filed under: News - @ June 28, 2024 8:12 am