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U.S. Dollar Advances After Jobless Claims Data
The U.S. dollar appreciated against its major counterparts in the New York session on Thursday, as weekly jobless claims remained flat last week, indicating continued strength in the labor market. Data from the Labor Department showed that initial jobless claims came in at 212,000, unchanged from th
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Profit by Following
7,401.4
USD
- Symbol AUD/USD
- Trading Account #5 790024218
- Broker ForexClub
- Open/Close price 0.64145/0.64434
- Volume Buy 1.03 Flots
- Profit 297.67 USD
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Fed's Powell: High inflation to delay this year's rate cuts
Federal Reserve Chair Jerome Powell stated that a "lack of further progress" in controlling inflation means the central bank will likely refrain from reducing interest rates at its upcoming policy meeting just two weeks away, instead maintaining elevated interest rates for a prolonged period. Since
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Dollar Recovers From Early Weakness, Gains Against Some Major Counterparts
The U.S. dollar gained against some of its major counterparts on Thursday on bets the Federal Reserve will keep interest rates higher for a longer time amid persisting concerns about inflation. Data from the Labor Department said the producer price index for final demand crept up by 0.2% in March af
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Pull-up Update
