U.S. Economy - Results from #120

28 July 2023 Pound-Dollar Boosted by PCE Inflation Drop

The Pound to Dollar exchange rate stalled in an earlier rally in the final session of the week after data suggested the Federal Reserve (Fed) is close to reaching its inflation target and that cons…

18 July 2023 Goldman Sachs Cuts Odds of a U.S. Recession

Goldman Sachs has lowered the odds the U.S. will fall into recession saying the disinflation process can continue without the need for a more material economic slowdown.

13 July 2023 U.S. Economy Set to Avoid "Hard Landing": deVere

The U.S. is now likely to pull off the perfect 'soft landing' as it the economy will likely avoid recession, according to deVere Group.

12 July 2023 Pound to Dollar Rate Hits 1.30 After Sharp Drop in U.S. Inflation Reported

The Dollar fell after U.S. inflation figures came in below expectations and further eased pressure on the U.S. Federal Reserve to raise interest rates beyond July's anticipated hike.

07 July 2023 Dollar Falls on U.S. Jobs Undershoot

The Pound to Dollar exchange rate was notably higher after a key U.S. jobs report undershot against market expectations prompting an easing in Federal Reserve rate hike expectations.

06 July 2023 Dollar Strengthens on U.S. Data Beats

The Pound to Dollar exchange rate (GBPUSD) relinquished a strong daily advance following the release of a string of stronger-than-expected data that confirmed to markets there was little room for t…

29 June 2023 Pound's Setback Extends to $1.26 as U.S. Economic Data Beat Expectations

A host of above-consensus economic data releases has boosted U.S. bond yields and the Dollar as investors position for further Federal Reserve rate hikes.

13 June 2023 Pound Eyes 2023 High Against Dollar in Wake of U.S. Inflation Undershoot

The Dollar was sold after official figures confirmed U.S. inflation is falling sharply amidst an ongoing decline in the price of energy and a broader easing of price pressures, opening the door for…

12 June 2023 U.S. Inflation Forecast: Closing in on 2.0% Says Truflation

As the United States edges closer to the summer months, price pressures are easing across several dominant sectors, namely food, utilities, healthcare, and apparel, according to Truflation.

08 June 2023 GBPUSD Back to 1.25 on U.S. Jobs Surprise

The Pound to Dollar exchange rate put in a strong show through the course of morning New York trade with the pair rising to 1.25 again.

06 June 2023 Odds of U.S. Recession Have Receded says Goldman Sachs

The odds of a U.S. recession have receded says Goldman Sachs.

02 June 2023 Strong Jobs Report Aids U.S. Dollar

The odds of a June interest rate hike remain low as the latest U.S. jobs report will give the Federal Reserve reason to pause and suggests the Dollar's recent setback can extend.

26 May 2023 PCE Inflation Accelerates, Prompts Fresh EURUSD Volatility

The Euro to Dollar exchange rate whip-sawed in volatile trade ahead of the weekend after the preferred inflation measure of the Federal Reserve (Fed) confirmed a continued stubborn elevation of pri…

25 May 2023 U.S. Economic Growth Revised Up but Profit Margins Fall in Inflation Battle

The initial estimate of first-quarter U.S. GDP growth was revised higher on Thursday with the upgrade attributed to a range of factors, although corporate profitability was reported to have fallen …

18 May 2023 U.S. Debt Ceiling Offers the Perfect Chance to Enact Fiscal Restraint says Leading Economist

nvestors should remain reactive to any unexpected outcomes of the current U.S. debt ceiling negotiations says a strategist we follow, with another saying the issue offers a welcome opportunity to c…

10 May 2023 Pound to Dollar Rate Paints Fresh Highs in Wake of U.S. Inflation Release

The Dollar fell to fresh multi-month lows against Pound Sterling after new data showed inflation in the world's largest economy continued to cool, raising expectations the Federal Reserve has ended…

05 May 2023 Wounded Dollar Bites Back, Prodded by a Bumper Payroll Report

Non-Farm Payrolls have now exceeded expectations for a record 13 straight months.

27 April 2023 Dollar Finds Support on GDP, PCE and Jobless Claims Figures

A batch of U.S. data printed relatively firmly on Thursday, offering support to the Dollar just days before the U.S. Federal Reserve's next policy decision.

17 April 2023 Significant Jump in U.S. Unemployment Looms: BCA Research

New research finds that the recent increase in permanent job losses in the U.S. could lead to a sharp rise in unemployment and investors should position for a U.S. recession starting in 2023 unless…

14 April 2023 Dollar Rebounds from Lows against Euro and Pound as Retail Sales Disappointment Prompts Safe Haven Bids

The Dollar rallied and stocks fell on the release of U.S. retail sales data that came in well below expectations.