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Dollar Down Mildly after Core PCE Miss, Ready for Breakout?

Dollar falls mildly in early US trading hours, following the release of core PCE inflation data which indicated a slightly sharper than expected slowdown. However, this weakness in Dollar is somewhat counterbalanced by unexpectedly robust growth in consumer spending. Despite these movements, Dollar remains within its established trading range, with a decisive breakout yet to occur.

Italy s debt risk premium hits 21-month low as traders eye rate cuts

The risk premium investors demand to hold Italian debt fell to its lowest since April 2022 on Friday as investors boosted their bets on interest rate cuts after the European Central Bank held rates.

US dollar slips after inflation data, Fed meeting looms next week

US dollar slips after inflation data, Fed meeting looms next week
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Roundup: ECB appears divided over rate cuts in 2024

Roundup: ECB appears divided over rate cuts in 2024
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