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U.S. Dollar Steadies in Europe as Fed Eyes "Moderately Restrictive" Rates

  • Written by James Skinner

Dollar exchange rates pared away overnight losses in Europe on Thursday after Chairman Jerome Powell said there is broad support at the Federal Reserve (Fed) for lifting its interest rate to a “modestly restrictive” level during the months ahead in remarks that validated financial market expectations. 

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Dollar Surges after U.S. Inflation Trumps Market's Fed View

  • Written by James Skinner

The Pound to Dollar rate slumped heavily in the final session of the week with many currencies coming under pressure after official data showed U.S. inflation climbing further during May in defiance of market expectations for it to ease and with possible implications for Federal Reserve (Fed) policy. 

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Dollar Eases Back after Data Shows U.S. Consumer Imports Falling  

  • Written by James Skinner

The Pound extended gains while other currencies escaped from under the Dollar’s boot on Tuesday after international trade data showed U.S. demand for imported consumer items falling during April in an outcome that could be pertinent for the Federal Reserve (Fed) monetary policy outlook.

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