The U.S. dollar barely budged on Thursday, a day after a dismal reading on U.S. first quarter GDP raised fears about the rest of the year. The Federal Reserve voted to trim the size of its bond-buying plan expecting the pace of the recovery to pick up, but market will be on edge as second
The Australian dolllar advanced against other major currencies in the early Asian session as Australia’s export and import prices rose more-than-forecast in the first quarter. Export prices in Australia climbed 3.6 percent on quarter in the first quarter of 2014, the Australian Bureau of Statistics said today. That beat expectations for 1.5 percent following the
The dollar barely budged for a second straight session on Friday after data showed U.S. consumers are in a surprisingly cheerful mood this month. The Thomson Reuters/University of Michigan’s final April reading on the overall index of consumer sentiment came in at 84.1, beating an expectation of 83.0 in a Reuters survey and up from
The dollar was narrowly mixed in quiet dealing versus other majors on Thursday, as traders got a head start on the Easter holiday. There was little reaction to the day’s economic news, including a slightly downbeat reading on the U.S. jobs sector. The dollar was steady at $1.3812 versus the euro, having withstood yesterday’s dovish
The dollar gave up early gains on Tuesday amid disappointing news on the U.S. housing market. The NAHB/Wells Fargo Housing Market index rose to 47 in April from a downwardly revised 46 in March, the group said in a statement. Economists expected a reading of 50. There was little reaction to news that U.S. consumer
