Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

USD review: Western Union

  • A tiny bounce in U.S. inflation last month helped the dollar pare a decline. Helping to make a June rate hike a bit of a closer call, U.S. consumer prices climbed out of the red in February while less volatile core inflation ticked up to 1.7 percent annually from 1.6 percent where they were forecast to remain. 

  • With uncertainty high over when the Fed might move to boost its key rate, expect the dollar to have a heightened sensitivity to any data that can shed light on the road ahead for central bank policy. 

  • The next major data the market will be eyeing for a puzzle piece for the Fed will be America's monthly jobs report a week from Friday on April 3. Another month of robust hiring would tend to renew calls for a June rate hike and support the dollar.

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.