Tag: expectations
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Dollar retreats as US inflation data eases rate hike expectations
NEW YORK, June 25 : The dollar was set to snap a three-session streak of gains on Thursday, after a flurry of U.S. economic data that included a reading on inflation softened expectations for rate hikes from the Federal Reserve this year. The Commerce Department said the personal consumption expenditures pric
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Dollar eases from 13-month high after data burst
NEW YORK, June 25 : The dollar was on track to snap a three-session streak of gains on Thursday, after a flurry of U.S. economic data that included a reading on inflation slightly dented expectations for rate hikes from the Federal Reserve this year. The Commerce Department said the personal consumption expen
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