TAG: Richmond Fed President Thomas Barkin
Australian dollar weakens as RBA says no rate hikes planned
The Australian dollar has lost ground on Tuesday. AUD/USD has dropped by 0.31%, trading at 0.6604 in the European session at the time of writing. RBA stays pat but wary of inflation There was no surprise as the Reserve Bank of Australia maintained the cas...
5 months agoYen extends losses, Fed members cautious
The Japanese yen is down for a second straight day on Tuesday. USD/JPY has risen 0.45%, up 154.59, up 0.45% at the time of writing. The yen is down 1% this week after soaring 3.4% against the dollar a week earlier. The markets are still buzzing after Japa...
5 months ago
Pound shrugs as construction PMI jumps
The British pound is slightly lower on Tuesday. GBP/USD is down 0.21%, trading at 1.2535 in the European session at the time of writing. The UK construction PMI jumped to 53.0 in April, up from 50.2 in March and above the forecast of 50.4. This is only th...
5 months ago