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Dollar Calms Amid US Inflation Data Anticipation

The U.S. dollar steadied after hitting a four-week high against other currencies. Investors are awaiting key inflation data and updated Fed interest rate projections. The dollar's recent strength is due to a resilient job market, reducing the likelihood of imminent rate cuts. Economic forecasts and central bank meetings in the U.S. and Japan are also in focus.
United Kingdom Jerome Powell Kieran Williams Wei Liang Chang Federal Reserve European Parliament

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Dollar Holds Steady Amid Global Rate Discussions and Economic Insights

The dollar remained stable against major currencies as investors awaited further insights from the Federal Reserve's meeting minutes. The New Zealand dollar saw a notable rise following an optimistic forecast by the Reserve Bank of New Zealand. Investors are keenly watching economic data and Fed comments for future rate cut indications.
United Kingdom New Zealand Kyle Rodda Loretta Mester Mandy Ji Christopher Waller

Dollar Edges Higher Amid Fed Anticipation; Pound Rallies on Strong UK Inflation Data

The dollar rose on Wednesday ahead of Federal Reserve meeting minutes, while the pound surged after UK's inflation rate fell less than expected. Analysts suggest U.S. inflation data due May 31 will be crucial. Meanwhile, New Zealand held its rate steady but raised peak interest forecasts amid persistent inflation.
United Kingdom New Zealand Loretta Mester Kenneth Broux Mandy Ji Societe Generale

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