US Dollar Drops on Inflation; Carney Brings a Support Test to GBP/USD

DailyFX4 hours ago

While US inflation remains strong, with headline printing at one-year highs while Core inflation remained above 2%, the US Dollar is pulling back after what's been an aggressively-strong three-week run. The big question at this point is whether we see …

US Dollar Pulls Back from 2018 Highs: Price Action StrategyNasdaq
How investors can profit from a rising US dollarThe Australian Financial Review

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Dollar headed for 2nd day of losses after weaker-than-hoped inflation data

MarketWatch7 hours ago

“The 3% month-on-month rise in gasoline prices pushed headline inflation to a 14-month high of 2.5%, but the more muted 0.1% monthly gain in core CPI suggests that the recent surge in underlying inflation is facing,” wrote Michael Pearce, senior U.S …

US Dollar Index (DX) Futures Technical Analysis – May 10, 2018 ForecastNasdaq

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Oil and the dollar are doing something they have only done 11 times in the …

MarketWatch13 hours ago

Oil prices and the U.S. dollar are rallying in tandem—a dynamic that has only occurred 11 times since 1983, and it's drawing the attention of market participants attempting to assess its significance.

Not So Fast, Oil BullsSeeking Alpha

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Spooked by Argentine peso rout, Hong Kong dollar slips towards weak end of US …

South China Morning Post19 hours ago

The Hong Kong dollar fell back towards the weak end of its trading band with the US dollar on Wednesday, because of concerns that a rout in emerging market currencies triggered by the turmoil in Argentina could spread to Asia as well.