US dollar jumps following upbeat services PMI
The US dollar surged higher yesterday after strong American economic data boosted Federal Reserve rate rise bets.
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The US dollar surged higher yesterday after strong American economic data boosted Federal Reserve rate rise bets.
The US dollar rose yesterday as growing tensions between the US and China spooked global markets, thereby driving investors to the safe-haven ‘greenba
The pound firmed yesterday as markets became increasingly expectant of a 0.5% rate rise from the Bank of England (BoE) later this week.
The Australian dollar rose throughout last week’s trade as an improving market mood boosted the risk-sensitive ‘Aussie’.
The US dollar took a tumble last week, slipping early on Monday as traders reined in their expectations for the looming Federal Reserve decision.
The single currency suffered last week as markets grew increasingly concerned about a potential eurozone recession.
The US dollar fluctuated on Thursday after the US reported a shock contraction of growth in the second quarter.
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