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Reuters - 4 hours ago

Dollar set for weekly drop on US slowdown signs

FOREX-Dollar set for weekly drop on US slowdown signs By Tom Westbrook SINGAPORE, May 17 (Reuters) - The dollar headed for its largest weekly fall versus the euro in two-and-a-half months on Friday as signs of cooling inflation and a softening U.S. economy raised the prospect of rate cuts. The euro EUR=EBS is up 0.9% on the dollar this week, has broken above resistance around $1.0855 and traded as high as $1.0895 in the wake of U.S.

Reuters - 10 hours ago

Dollar rebounds on high US import prices

FOREX-Dollar rebounds on high US import prices Adds comment from Fed officials on their outlook in paragraphs 2, 10, updates prices at 2:40 p.m. ET (1840 GMT By Herbert Lash and Harry Robertson NEW YORK/LONDON, May 16 (Reuters) - The dollar rose on Thursday after data showed U.S. import prices increased 0.9% last month, a jump that raised concerns the Federal Reserve's fight to tame inflation is not yet done and could delay plans for policymakers to cut interest rates.

Reuters - 11 hours ago

US recap: EUR/USD dips as import prices take unlikely spotlight

BUZZ-COMMENT-US recap: EUR/USD dips as import prices take unlikely spotlight AUD/USD-Indecision emerges after fresh highs are set Sterling runs into resistance ahead of April high 1.2709 ahead of UK CPI USD/CAD bid sub-1.36 ahead of daily cloud top at 1.3587 May 16 (Reuters) - The dollar index rose 0.12% as its slide following Wednesday's dovish U.S.

Reuters - 14 hours ago

Dollar rebounds on hot US import prices

FOREX-Dollar rebounds on hot US import prices Updates at 10:40 a.m. ET (1440 GMT); Adds comment in paragraphs 4-5, 10-11, NEW YORK dateline, byline, By Herbert Lash and Harry Robertson NEW YORK/LONDON, May 16 (Reuters) - The dollar r ose on Thursday after data showed U.S. import prices increased 0.9% last month, a jump that raised market fears that the Federal Reserve's fight to tame inflation is not done and could delay plans for policymakers to cut interest rates.

Reuters - 14 hours ago

USD/JPY rebounds toward 155.58 hurdles on weak Japan, hawkish US data

BUZZ-COMMENT-USD/JPY rebounds toward 155.58 hurdles on weak Japan, hawkish US data May 16 (Reuters) - USD/JPY retraced its fall from 155.78 to 153.60 that followed Wednesday's dovish U.S. data , with the rebound aided by weak Japan GDP data and an unexpected jump in U.S. import prices , but it may struggle to recoup more of this month's slide. The day's data lifted 2-year Treasury-JGB yields spreads by nearly 10bp from early Thursday lows, but the dollar's recovery is also part of a broader corr

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