Forex
Dollar dips after PCE data
© Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
NEW YORK (Reuters) – The dollar fell on Thursday after data showed that inflation was in line with economists’ expectations in January, but quickly pared losses in choppy trading.
The Personal consumption expenditures (PCE) price index rose by 0.3% in the month, while the core PCE price index gained 0.4%.
The was last at 103.89, from around 103.98 before the data was released. The euro was at $1.083400, up from $1.08285. The greenback fell to 149.98 yen, from 150.11.
Forex3 years agoForex Today: the dollar is gaining strength amid gloomy sentiment at the start of the Fed’s week
- Forex3 years ago
Unbiased review of Pocket Option broker
- Forex3 years ago
Dollar to pound sterling exchange rate today: Pound plummeted to its lowest since 1985
- Forex3 years ago
How is the Australian dollar doing today?
- World3 years ago
Why are modern video games an art form?
- Cryptocurrency3 years ago
What happened in the crypto market – current events today
- Commodities3 years ago
Copper continues to fall in price on expectations of lower demand in China
- Economy3 years ago
Crude oil tankers double in price due to EU anti-Russian sanctions
