简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:As the trading session begins on Monday, the US dollar is showing no significant movement. The currency gained momentum on Friday when US producer prices were reported higher than anticipated. Although the discrepancy was not sizeable, it continued the previous trend of producer price readings exceeding expectations, which was also observed during the minor Consumer Price Index increase disclosed on Thursday.
As the trading session begins on Monday, the US dollar is showing no significant movement. The currency gained momentum on Friday when US producer prices were reported higher than anticipated. Although the discrepancy was not sizeable, it continued the previous trend of producer price readings exceeding expectations, which was also observed during the minor Consumer Price Index increase disclosed on Thursday.
Given these factors, it is unlikely that many will completely disregard the potential for another Federal Reserve interest rate hike before the year's end, a situation that could benefit the dollar in the short to intermediate term. Anxiety over the global economy's growth potential is providing additional support to the greenback. Particularly, worries about China's economic status are driving this trend, ultimately benefiting the dollar viewed as a safe haven.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Federal Reserve officials had a meeting on June 17-18 during which some of them expressed a fall in interest rates in July. However, a lot of policymakers are still worried about the inflationary pressures that might emerge from US President Donald Trump’s import tariff decisions aimed at changing global trade. So, it seems the rate cut may not happen in July. Read this to know more.
A forex interbank rate is nothing but the wholesale currency exchange rate that banks and other major financial institutions use to trade currencies among themselves. Read more about it.
After correcting for two straight days, gold rebounded on June 26, 2025, across 24 Karat and 22 Karat categories in Mumbai, the financial capital of India. Check out the latest price update.
The Consumer Price Index (CPI) inflation dropped to a six-year low of 2.82% in May 2025, falling from 3.16% a month ago. Read this to know the extent of fall across food and non-food items.