Dow Jones Rebounds as January CPI Cools and Rate Cut Bets Jump
The Dow Jones Industrial Average (DJIA) rebounded on Friday, gaining approximately 220 points to trade near 49,665 after opening at…
Tag: Inflation Data
AUD/NZD Dips Toward 1.1440 After RBA Keeps OCR at 3.6%
AUD/NZD Slides Toward 1.1440 on RBA’s Rate Hold AUD/NZD dropped sharply to around 1.1440 after the Reserve Bank of Australia…
AUD/USD Rises as Strong Australian Inflation and Anticipated Fed Rate Cuts Bolster the Pair
The AUD/USD pair is strengthening on Wednesday, trading around 0.6500, up 0.45% on the day. This rally is primarily driven…
USD/INR Dips as US Dollar Weakens, India’s WPI Inflation Falls 1.21%
The Indian Rupee (INR) showed a slight uptick against the US Dollar (USD) at the market open on Friday. The…