U.S. Economy

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.

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.

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 the Federal Reserve to end its rate hiking cycle.

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.

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 the Federal Reserve to keep interest rates unchanged on Wednesday.

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.

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.

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

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.

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 price pressures in April while also appearing to highlight robust domestic consumption.

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 in what may have been the result of high inflation as well as efforts to contain it.

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 cut spending at a time of high inflation.

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 its interest rate hiking cycle.

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

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.

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 the number of job losers drops significantly in the coming months.

Federal Reserve rate hike expectations for the next meeting in May have tightened, despite rising U.S. recession fears.

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

Stocks rose and the Dollar retreated after U.S. inflation fell at a faster rate than investors were anticipating in March.

The Pound to Dollar exchange rate further reversed some of the week's gains in Good Friday trade after non-farm payrolls figures cast the U.S. labour market in a resilient light but also confirmed a continuing slowdown in employment growth while revealing job losses in some parts of the economy.